Communcations Minister says banks don’t want to repossess homes

first_img Man arrested on suspicion of drugs and criminal property offences in Derry Man arrested in Derry on suspicion of drugs and criminal property offences released HSE warns of ‘widespread cancellations’ of appointments next week By News Highland – March 8, 2013 Pinterest Twitter The Communications Minister says banks are not interested in repossessing houses from customers who are in arrears with their mortgages.Pat Rabbitte was responding to comments from SIPTU’s General President Jack O’Connor, who has described as ‘reprehensible and barbaric’ renewed talk of evictions.But Minister Rabbitte says there has been no increase in the number of evictions and that we should wait to see the results of the Personal Insolvency Bill.Yesterday the Secretary General of the Department of Finance, John Moran, told an Oireachtas committee that he expects to see more repossessions this year.He was speaking after the Central Bank released figures showing nearly 12 percent of residential mortgages are now in arrears. Google+ RELATED ARTICLESMORE FROM AUTHOR PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal WhatsApp Google+center_img News WhatsApp Twitter Previous articleCouncils have no cash for 80k repairs to An Grianan’s roofNext articleLimerick man pleads not guilty to murder News Highland Facebook Communcations Minister says banks don’t want to repossess homes Dail to vote later on extending emergency Covid powers Dail hears questions over design, funding and operation of Mica redress scheme Facebook Pinterestlast_img

Leave a Reply

Your email address will not be published. Required fields are marked *