Written answers

Thursday, 5 December 2013

Department of Finance

IBRC Mortgage Loan Book

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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76. To ask the Minister for Finance the number of Irish Bank Resolution Corporation residential mortgages in arrears of less than 90 days, of 90 to 180 days, of 180 to 360 days, or 360 to 720 days and of greater than 720 days; and if he will make a statement on the matter. [52423/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I have been advised that the Special Liquidators propose to not provide this information as they consider it to be commercially sensitive financial information which could potentially have a detrimental impact on asset recovery from the impending sale process. Comprehensive disclosures on the residential mortgage book of IBRC (in Special Liquidation) were contained in the Interim Report for the six months ending June 2012 which can be found here;

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