Gilmore’s view of mortgage crisis far from reality

Tánaiste and Labour leader Eamon Gilmore told the Dáil that progress is being made in tackling the mortgage crisis and the new insolvency legislation “will enable people to put their mortgage crisis behind them and to get on with the rest of their lives”.

The reality:

* According to the latest Central Bank statistics, there are 97,874 mortgage holders with a total value of €18.6bn in arrears by more than 90 days.