Taoiseach Enda Kenny has said the Government is open to accepting any ideas brought forward by Opposition TDs to help those in difficulty with their mortgages.
Mr Kenny said the Keane Report on mortgage debt is to be published tomorrow, and the Dáil will debate it next week for up to two days, after which the Minister for Finance will draw together the ideas brought forward and produce solutions quickly.
However, he said there will be no blanket write down of debt.
The report, which looks into possible solutions for those struggling to meet their mortgage repayments, was expected to be brought to Cabinet today for consideration.
Mr Kenny was replying to Socialist Party TD Joe Higgins, who criticised the details of the Keane Report, which have been leaked to the media.
Mr Higgins said the idea of asking the banks to help was like asking foxes who had attacked a hen house to give the kiss of life to their victims.
Mr Kenny said there were two important aspects from the Keane Report - to keep people in their own homes, and to distinguish between those who cannot pay and those who will not.
Speaking on RTÉ's Morning Ireland Ciarán Lynch, Labour TD for Cork South Central, said he expected the document to be put before ministers later and will ultimately be brought forward for debate in the Dáil.
The report, which was led by Department of Finance official Declan Keane, was tasked with recommending policies that the Government could undertake to help the thousands of homeowners struggling to pay their mortgages.
However, the Irish Independent today claims that the report will only suggest debt forgiveness in limited circumstances, instead of recommending that mortgage lenders recruit financial advisers to support those struggling with debt.
The report is also expected to recommend that local authorities and charities should buy some homes and rent them back to the former owners.
Mr Lynch said the report was just one of a number of measures being undertaken by the Government as it seeks to address the issue of stressed mortgages.
Under the Programme For Government, the Fine Gael/Labour Coalition pledged to convert the Money Advice and Budgeting Service into a new agency that will help those ''who make an honest effort to deal with their debts''.
