Committee says there must be cash write-offs on distressed mortgages

Banks need to write off the debt from distressed mortgages, according to the Chair of the Oireachtas Finance Committee.

Committee says there must be cash write-offs on distressed mortgages

Banks need to write off the debt from distressed mortgages, according to the Chair of the Oireachtas Finance Committee.

John McGuinness says their advice is cash write-offs for non-performing loans.

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