Éamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source

The reality is the Minister of State and I know what happens. Banks are demanding that people sell houses. If, for example, someone has a mortgage of €250,000 and could afford to pay on €170,000, the bank will not cut the deal. The bank takes the house, sells it at €120,000 and then tries to collect the balance in some future debt on that family.

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