70,000 mortgages already restructured, says banking federation

The Irish Banking Federation has defended itself against accusations that banks are not trying to help those in mortgage arrears.

70,000 mortgages already restructured, says banking federation

The Irish Banking Federation has defended itself against accusations that banks are not trying to help those in mortgage arrears.

Chief executive of the Irish Banking Federation Pat Farrell, speaking to Kfm, said: "Over 70,000 mortgages have been restructured because banks have engaged with their customers where they are in difficulty.

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