EBS consider plan to ‘shelve’ mortgage deals

RADICAL plans to ‘warehouse’ or shelve portions of mortgages owed by recession-hit homeowners are being considered by Ireland’s biggest customer-owned lender.

EBS Building Society is also proposing to help unemployed struggling mortgage holders get jobs, free of charge.

The proposals will form part of the lender’s solutions for mortgage debt management which it will publicly release before next week’s budget.