Eoghan Murphy (Dublin South East, Fine Gael)
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Question 168: To ask the Minister for Finance the number of persons who currently have a distressed mortgage; the level of distress; and the way that this is determined. [23694/12]

Michael Noonan (Limerick City, Fine Gael)
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The Central Bank publishes statistics on principal private residential mortgage arrears, restructures and repossessions. The latest available data is for the period ended December 2011 and it indicates that 70,911 mortgage accounts are in arrears of over 90 days. This amounts to 9.2% of total residential mortgage accounts extended by regulated mortgage lenders. The data also indicated that 74,379 accounts were restructured at the end of December 2011. Of this total, 36,797 are not in arrears and are performing as per the restructured arrangement. The balance of restructured accounts (37,582) has arrears of varying categories (arrears of both less than and greater than 90 days). Overall, therefore, 107,708 residential accounts are either in arrears of over 90 days or have been restructured and are performing as at the end of December 2011.