Keane Report Residential Mortgage Arrears
The Keane Report on Residential Mortgage Arrears - Summary The Report of the Inter-Departmental group on (residential) Mortgage Arrears,chaired by Declan Keane,has been published. The Report rules out the introduction of any scheme involving blanket debt forgiveness. Estimates of cost for such a scheme are given as €14bn with 50% of residential mortgage arrears domiciled [...]