Dáil debates

Tuesday, 17 December 2013

4:00 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

The banks are required to shape up. It is not the case that anyone wishes to see people lose their houses, but a certain way of ensuring it will happen is for people not to engage with their lenders in the first place. A variety of measures have been set out by Government action and legislation to help borrowers and they should avail of all these opportunities. Deputy Martin wants go down the road of setting up another independent analytical operation. This would take a very long time and in the meantime many of these distressed mortgages could be restructured permanently to the benefit of both sides.

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