BOI chief reveals mortgage defaults

Almost 12,000 struggling homeowners have defaulted on their mortgages with Bank of Ireland.

Wed, 04 Sep, 2013 - 14:12

Almost 12,000 struggling homeowners have defaulted on their mortgages with Bank of Ireland.

Chief executive Richie Boucher revealed more than half of the accounts in trouble by the end of March had since entered into a restructuring or a legal process.

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