A mortgage arrears chaos that lets lenders do what they like

Little has been done to increase the level of support available to people as they seek to restructure mortgage debt, writes Noeline Blackwell.

THE question of fixing mortgage arrears is once more moving centre-stage. It appears both Taoiseach Enda Kenny and Tánaiste Joan Burton are now taking an official interest in the question, moving it from the sole preserve of the minister for finance, the Central Bank, and the banking industry.

From news reports, it seems that the focus will be on more promotion of the state service which administers personal insolvency and perhaps also on increasing the targets for banks, requiring them to resolve more cases.