Peadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

The point I was trying to make earlier is that typically there are three people in a household and that given there are 91,000 mortgages in arrears this means that nearly one third of a million people are locked into this struggle, most of whom are people in my age category and are likely to have young families. There is a real human tragedy at the heart of this particular issue.

It is interesting that the former Governor of the Central Bank, Professor Patrick Honohan, has stated that he has major regrets with regard to the process of unwinding the mortgage crisis in this State. The only protections that the family had in law have been removed and have not been replaced with a proper replacement. The Central Bank has also diluted the code of conduct on mortgage arrears on behalf of the State. As such, many of the resolutions referred to by the Minister are repossessions or so-called voluntary repossessions. When these are aligned with split mortgages-----

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