Mortgage Crisis · TheJournal.ie

# mortgage-crisis - Friday 7 September, 2018

343 homes repossessed over mortgage arrears during second quarter of 2018

# Mortgage Crisis

343 homes repossessed over mortgage arrears during second quarter of 2018

Sep 7th 2018, 5:50 PM 37,025 Views 84 Comments

Tens of thousands of people are still feeling the effects of the mortgage crisis ten years later.

# mortgage-crisis - Saturday 14 January, 2017

Ratings agency Moody's to pay €812 million fine in reparation for the mortgage crisis

# Footing The Bill

Ratings agency Moody's to pay €812 million fine in reparation for the mortgage crisis

Jan 14th 2017, 7:31 AM 11,788 Views 22 Comments

The US Financial Crisis Inquiry Commission has said that the credit crash “could not have happened without the rating agencies”.

# mortgage-crisis - Wednesday 23 November, 2016

# Factcheck

FactCheck: Is Fine Gael right to claim the credit for a fall in mortgages in arrears?

Nov 23rd 2016, 7:59 PM 15,428 Views 42 Comments

Fine Gael has been on Twitter and Facebook, promoting a set of claims about its role in the fall of mortgages in arrears. Do they check out?

# mortgage-crisis - Sunday 19 April, 2015

Thousands of homeowners are drowning in debt - this is one of their stories

# Mortgage Crisis

Thousands of homeowners are drowning in debt - this is one of their stories

Apr 19th 2015, 8:30 AM 32,073 Views 111 Comments

“It was like someone had a gun to my head. I was crying on the steps of the bank.”

# mortgage-crisis - Tuesday 10 March, 2015

Enda pledges action on mortgage crisis (and calls Fianna Fáil 'arsonists')

# Shots Fired

Enda pledges action on mortgage crisis (and calls Fianna Fáil 'arsonists')

Mar 10th 2015, 8:25 PM 14,620 Views 88 Comments

Proposals to reduce the term of bankruptcy from three years to one are being considered with new measures to be announced in April.

# mortgage-crisis - Tuesday 8 July, 2014

Finance Committee tells Central Bank: legal letters to crisis mortgages aren't 'sustainable'

# Not Good Enough

Finance Committee tells Central Bank: legal letters to crisis mortgages aren't 'sustainable'

Jul 8th 2014, 1:18 PM 6,328 Views 22 Comments

A draft copy of the committee’s report on mortgage arrears seen by TheJournal.ie contains strong words for the Central Bank.

# mortgage-crisis - Thursday 31 October, 2013

Work to do on mortgage restructuring as long-term arrears remain high

# Mortgage Crisis

Work to do on mortgage restructuring as long-term arrears remain high

Oct 31st 2013, 4:54 PM 5,340 Views 12 Comments

The Department of Finance has begun to publish monthly reports on mortgage restructuring.

# mortgage-crisis - Wednesday 25 September, 2013

# Finance Committee

Watch: 'Phoney concepts' and 'haystacks' - 3 clips from today's finance committee

Sep 25th 2013, 10:48 PM 2,752 Views 1 Comment

Central Bank Governor Patrick Honohan faced the Oireachtas Finance Committe today, we picked the best three clips from today’s exchanges…

Honohan: Banks threatened repossession in 62 per cent of 'sustainable solutions'

# Mortgage Crisis

Honohan: Banks threatened repossession in 62 per cent of 'sustainable solutions'

Sep 25th 2013, 3:48 PM 7,252 Views 82 Comments

The Governor of the Central Bank Patrick Honohan told the Oireachtas Finance Committee that ‘it was notable, though perhaps not surprising’ that banks have pursued this option.

Central Bank Governor faces questions over banks’ legal letters and Anglo Tapes

# Mortgage Crisis

Central Bank Governor faces questions over banks’ legal letters and Anglo Tapes

Sep 25th 2013, 8:09 AM 5,054 Views 30 Comments

Patrick Honohan has been called to appear before the Oireachtas Finance Committee after it emerged thousands of legal letters being sent by banks could be classified as ‘sustainable mortgage solutions’.

# mortgage-crisis - Wednesday 4 September, 2013

Ulster Bank CEO: ‘It costs money to live in a house’… TDs: ‘We know’…

# Finance Committee

Ulster Bank CEO: ‘It costs money to live in a house’… TDs: ‘We know’…

Sep 4th 2013, 10:59 PM 25,190 Views 94 Comments

Members of the Oireachtas Finance Committee took exception to Jim Brown’s repeated assertion this afternoon that “there is a cost to living in a home”.

# mortgage-crisis - Friday 2 August, 2013

# Ulster Bank

Ulster Bank has lost €387 million so far this year

Aug 2nd 2013, 10:20 AM 5,079 Views 35 Comments

Mortgage arrears of over 90 days have fallen quarter-on-quarter for the first time since June 2008 at Ulster Bank, but the bank’s chief executive warned customers not to ignore their problems.

# Bank Of Ireland

Bank of Ireland loses €504 million in the first six months of 2013

Aug 2nd 2013, 8:43 AM 6,089 Views 47 Comments

Richie Boucher said that it ‘was not for him’ to say why people weren’t paying their mortgages, but encouraged those in difficulty to engage with the bank.

AIB chief says that 20 per cent of those in mortgage arrears are 'strategic defaulters'

# AIB

AIB chief says that 20 per cent of those in mortgage arrears are 'strategic defaulters'

Aug 2nd 2013, 7:52 AM 8,893 Views 96 Comments

David Duffy says that the bank will be getting tough on home owners in arrears.

# mortgage-crisis - Friday 21 June, 2013

95,000 Irish homes are in mortgage arrears over 90 days

# Mortgage Crisis

95,000 Irish homes are in mortgage arrears over 90 days

Jun 21st 2013, 9:45 PM 10,477 Views 130 Comments

Homeowners who are three months or more behind on their payments owe financial institutions €1.8 billion.

# Mortgage Arrears

This graph shows how bad the mortgage arrears crisis is

Jun 21st 2013, 1:30 PM 9,332 Views 67 Comments

The amount of money owed to financial institutions has risen 275 per cent in 42 months.

# mortgage-crisis - Monday 8 April, 2013

IMF: Bank losses and IBRC wind-down could cost taxpayer another €16bn

# IMF

IMF: Bank losses and IBRC wind-down could cost taxpayer another €16bn

Apr 8th 2013, 9:33 AM 7,330 Views 81 Comments

The IMF says NAMA may need to be compensated if it pays more than the market price for IBRC assets.

# mortgage-crisis - Wednesday 3 April, 2013

IMF: European help, progress on mortgages crucial to exit from bailout

# Make Or Break

IMF: European help, progress on mortgages crucial to exit from bailout

Apr 3rd 2013, 4:00 PM 6,332 Views 49 Comments

The IMF’s latest quarterly review of Ireland’s progress says progress on dealing with mortgage arrears is a make-or-break.

# mortgage-crisis - Wednesday 27 March, 2013

Junior Minister admits banks have 'hoodwinked' the government

# Mortgage Arrears

Junior Minister admits banks have 'hoodwinked' the government

Mar 27th 2013, 9:46 PM 19,314 Views 98 Comments

The Dáil debated a Fianna Fáil-proposed private members’ motion on the mortgage arrears crisis tonight but it was easily defeated by the government’s majority.

# mortgage-crisis - Tuesday 26 March, 2013

Revenue assures that mortgage write-offs won't be subject to tax

# Mortgages

Revenue assures that mortgage write-offs won't be subject to tax

Mar 26th 2013, 9:32 AM 6,519 Views 21 Comments

The Revenue Commissioners says it considers a mortgage write-down to be a commercial act and not a ‘gift’ for tax purposes.

# mortgage-crisis - Monday 25 March, 2013

Mortgage write-offs 'could be subject to 33pc tax'

# Mortgage Crisis

Mortgage write-offs 'could be subject to 33pc tax'

Mar 25th 2013, 12:42 PM 10,194 Views 34 Comments

An accountants’ body says it believes any debts written off a person’s mortgage could be subject to Capital Gains Tax.

# mortgage-crisis - Sunday 24 March, 2013

Bruton: No 'global strategy' for telling homes how to make deals with banks

# Mortgage Arrears

Bruton: No 'global strategy' for telling homes how to make deals with banks

Mar 24th 2013, 3:58 PM 5,690 Views 46 Comments

Not everyone will be told to quit premium TV or private health insurance – but families will need to make sacrifices.

# mortgage-crisis - Tuesday 12 March, 2013

Michael Noonan to reveal the plan to tackle mortgage arrears

# Mortgage Crisis

Michael Noonan to reveal the plan to tackle mortgage arrears

Mar 12th 2013, 12:21 PM 6,617 Views 94 Comments

Taoiseach Enda Kenny said the government will make a statement this week about what will be done to help people who have fallen behind on repayments.

# mortgage-crisis - Friday 7 December, 2012

Column: Four years of crisis, and still no clear deal on mortgage debt

# Opinion

Column: Four years of crisis, and still no clear deal on mortgage debt

Dec 7th 2012, 9:00 PM 34 Views 94 Comments

The failings of Government to take simple steps to help mortgage holders has caused further damage – and the Insolvency Bill is by no means our saviour, writes David Hall.

# mortgage-crisis - Saturday 29 September, 2012

Aaron McKenna: How we all missed the week’s biggest story

# Opinion

Aaron McKenna: How we all missed the week’s biggest story

Sep 29th 2012, 8:05 AM 19 Views 57 Comments

Roisin Shortall’s resignation dominated the news this week – which may be a relief for some in Government.

# mortgage-crisis - Thursday 13 September, 2012

One in three people who apply for mortgages are turned down

# No Joy

One in three people who apply for mortgages are turned down

Sep 13th 2012, 12:14 PM 9,258 Views 49 Comments

Figures revealed for the first time show that 38 per cent of mortgage applications were rejected last year.

# mortgage-crisis - Thursday 24 May, 2012

Column: The mortgage crisis is stoked by mistrust. Here’s how we might fix it.

# Opinion

Column: The mortgage crisis is stoked by mistrust. Here’s how we might fix it.

May 24th 2012, 7:00 AM 50 Views 30 Comments

Aggressive banks are making mortgage resolution impossible, writes David Hall of New Beginning – and suggests a way to restore trust between lenders and borrowers.