Enda Kenny (Mayo, Fine Gael) | Oireachtas source

Deputy Cowen raises an important issue. The intention is that those who had the mortgages in the first place should not be displaced and forced out of their homes. We want to find opportunities for them to be able to continue to live in their homes as tenants who would have the opportunity to lease or buy back their homes in the future. I am aware of the progress of this but to be honest, I cannot recall whether legislation is necessary. I will check that and advise the Deputy on it later. It is true that credit unions have a lot of money that they wish to invest in the housing sector.

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