Stephen Donnelly (Wicklow, Social Democrats) | Oireachtas source

I thank the Acting Chairman for the direction, which is very much appreciated. The new programme for Government contains very ambitious and laudable aims for the mortgage crisis. I and other members of the finance committee have looked for these changes for years and I am delighted to see included in the programme a new national service to standardise supports, changes to the thresholds for personal insolvency arrangements, a dedicated new court, amendments to the code of conduct on mortgage arrears, an information campaign and more. Critically, and obviously, this is time-sensitive, as arrears and repossessions are growing. I would appreciate a comment from the Minister on whether funding and a timeline for implementation are available. Have timelines been set and has funding been dedicated to meet this ambitious and laudable new aim for mortgage arrears?

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