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Leaders' Questions (2 Oct 2013)

Enda Kenny: The people of this country will never let Fianna Fáil forget that its conduct has wreaked havoc and caused crises in family after family. This Government has put in place a suite of measures - a range of options - that will allow for those persons who are in distress with their mortgages to have one of these solutions put in place to get them out of it.

Leaders' Questions (2 Oct 2013)

Enda Kenny: I do not accept Deputy Martin's assertion that this Government has done nothing about it. I am not happy with the situation that the banks have not come up to the mark.

Leaders' Questions (2 Oct 2013)

Enda Kenny: They have all the options. They have the suite of measures. The regulator is the Central Bank.

Leaders' Questions (2 Oct 2013)

Enda Kenny: With Deputy Martin's style of engagement, he never listens to anybody.

Leaders' Questions (2 Oct 2013)

Enda Kenny: Ar dtús, chuir an Teachta ceist orm faoi thuarascáil Grant Thornton i leith rud éigin eile. Tá a fhios ag gach duine, mar a luaigh mé sa Dáil le cúpla lá anuas agus níos mó ná uair amháin, go caithfidh an fhaisnéis iomlán a bheith ag duine sula mbeidh sé in ann réiteach a dhéanamh nó rún a mholadh...

Leaders' Questions (2 Oct 2013)

Enda Kenny: The challenge facing the Government and our country is to continue on the steady path that the Government has plotted and our Minister for Finance has followed, to keep our economy in order, to provide opportunities for job creation and therefore economic growth, to take our country, through this budget, out of the bailout and give us a chance to restore our economic independence, and to give...

Leaders' Questions (2 Oct 2013)

Enda Kenny: First, the entire mortgage and banking crisis is the central issue of the legacy this Government inherited.

Leaders' Questions (2 Oct 2013)

Enda Kenny: To sit back and do nothing about it would make the situation even worse. I dealt with the mortgage crisis when Deputy Martin asked a question about it yesterday. It is not true to say that the first port of call is repossession. The family home in this country is of fundamental and immense importance to people and their families.

Leaders' Questions (2 Oct 2013)

Enda Kenny: Quiet now, Timmy. Quiet.

Leaders' Questions (2 Oct 2013)

Enda Kenny: There is a difference between buy-to-let and the principal family home. I can assure Deputy Martin that I do not speak here as an advocate for the banks. We have had much legal engagement to put in place a whole range of options of solutions for everyone in mortgage distress. The Central Bank Governor confirmed during the week that on 30 June there were 770,610 private residential mortgage...

Leaders' Questions (2 Oct 2013)

Enda Kenny: We have engaged with them. The regulator is the Central Bank. It has been made clear that if the Governor wants extra powers from the Government all he has to do is look for them. The Central Bank has to audit the figures submitted by the banks. Up to 80,000 mortgages have been restructured. I assume these are not just recipients of letters indicating legal action.

Leaders' Questions (2 Oct 2013)

Enda Kenny: Of these, 24,000 are new structures in the last quarter. I have to assume, without the verifiable audit from the Central Bank, that these are sustainable solutions for the borrower and lender which everyone wants to see.

Leaders' Questions (2 Oct 2013)

Enda Kenny: The Central Bank has confirmed that 76.5% of the stock of restructures is deemed to be meeting the terms of the restructured arrangements. From looking at the entire catastrophic mess that Deputy Martin's party left behind, we have put in place a series of options, including the personal insolvency arrangements, which will provide an answer to everyone's problems.

Leaders' Questions (2 Oct 2013)

Enda Kenny: To those listening, the first imperative is there is engagement between the borrower and lender. Somebody has to sit down and see if they can cut a deal which is in the interests of the borrower and the lender. In cases where people use the Personal Insolvency Agency, the insolvency practitioners will go through all the circumstances pertaining to each person to ensure the best option can...

Leaders' Questions (2 Oct 2013)

Enda Kenny: I am not happy that the banks have not measured up in the way we would like.

Leaders' Questions (2 Oct 2013)

Enda Kenny: They themselves have their problems in that their people had become used to throwing out money all over the place without being able to deal with the crisis and the consequences of that. Yes, there are people in mortgage distress. However, this is the evidence from the Governor of the Central Bank as a consequence of the actions put in place by the Government. The Central Bank is the...

Leaders' Questions (2 Oct 2013)

Enda Kenny: It is a bit rich coming from Deputy Martin when last week he admitted openly that he allowed a situation to develop where taxes became too low, public spending became too high and his Government lost control while billions of euro were wasted.

Order of Business (1 Oct 2013)

Enda Kenny: The gambling control Bill will be in the earlier half of next year, we expect. The horse racing Bill will be introduced in this session. The betting Bill has been published but it cannot be taken before the end of October because it has been referred to the European Commission.

Order of Business (1 Oct 2013)

Enda Kenny: The criminal records Bill is early next year. I do not have a date for the trusts Bill but I will communicate with Deputy Durkan on that.

Order of Business (1 Oct 2013)

Enda Kenny: I will consult the Minister, Deputy Hogan. I presume that if those things were put in the post or dropped through the letter boxes, even though they might be just outside the official closing time, they could be accepted. I will have the Minister make contact or make a public comment on it.

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