Michael McGrath (Cork South Central, Fianna Fail)
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Question 201: To ask the Minister for Finance the number of split mortgage arrangements that have been put in place with mortgage holders, for each covered institution, as recommended in the Keane report on mortgage arrears. [27877/12]

Michael Noonan (Limerick City, Fine Gael)
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The Deputy will be aware that the Central Bank is engaging with banks on their mortgage arrears resolution strategies and in that context banks are currently developing resolution options for mortgage customers in difficulty. As the Deputy may be aware, the Central Bank asked the mortgage lenders to segment their loan books and provide proposals to the Central Bank on loan modification options by early May. The Central Bank issued a press release recently providing an update on their work with the mortgage lenders and this press release can be found at http://www.centralbank.ie. The Central Bank has informed me that it has plans to track the number and value of the various resolution options offered by banks, which could include split mortgages or the other options suggested in the 'Keane Report', and to disclose this information in their quarterly mortgage arrears publication. The Central Bank does not publish information on individual banks unless by prior agreement with the bank.