Tánaiste warns banks to deal with mortgage arrears crisis fairly
The Tánaiste has issued a warning shot to banks - to deal with the mortgage arrears crisis fairly.
Eamon Gilmore said the attitude of banks or exorbitant fees will not debar anyone from entering into a process.
He said updated figures for the end of July show 1,800 split mortgages were in place.
He has used the Dáil chamber to send a message to the banks.
"Lte me tell them publicly, the banks, we want the issue of mortgage arrears with households resolved," he said.
"We don't want any issues of attitude or arrogance or any other term that you want to put on it, we want this problem solved that's why we put in place the legislation, that's why we put in place the personal insolvency service."
- Sign up here to receive news by email. Once per day, no spam.