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There are 110,000 mortgages in arrears in Ireland

37,000 mortgages in arrears of over 720 days

The Insolvency Service of Ireland has said there are 37,000 mortgages in arrears of over 720 days in Ireland.

Changes are expected to the criteria for the mortgage-to-rent scheme

Cabinet expected to meet over mortgage arrears

The Cabinet is expected to meet tomorrow to discuss its plans to provide more supports to the thousands of people in mortgage arrears and facing repossession.

News • 12 May 15

AIB issues upbeat interim management statement today

AIB says it remains profitable in first quarter

AIB has said it remained profitable in the first three months of the year on the back of an improving economy in both Ireland and the UK.

Business • 01 May 15

Some customers in arrears had volunteered to sell their property, but the majority were involved in repossession proceedings

16,683 in mortgage arrears could lose homes

Central Bank figures show that 16,683 borrowers in difficulty faced losing their homes by the end of last year.

Business • 02 Apr 15

AIB's profit includes a €188m write-back of money previously set aside to cover expected bad debts.

AIB reports first full year profit since 2008

AIB made a pre-tax profit of €1.1 billion last year compared to a €1.7 billion loss in 2013.

Business • 05 Mar 15

13% of residential mortgages and 25% of buy-to-let mortgages were in arrears by the end of November

Mortgages arrears cases down slightly in November

There were 91,963 residential mortgage accounts in arrears by the end of November, according to the Department of Finance, down almost 3% on the previous month.

Business • 15 Jan 15

There are still 49,589 accounts in arrears of over 90 days that have not been restructured

Accounts in mortgage arrears down to 100,000

There are almost 11,000 fewer mortgages in arrears than at the beginning of the year, according to new figures from the Department of Finance.

Business • 09 Oct 14

The Central Bank has set banks targets for dealing with mortgages that are in arrears

Deals done in one-third of arrears cases - Honohan

Irish banks have concluded deals to improve repayment terms for over a third of the more than 100,000 mortgage holders in arrears, a large majority of which should be sustainable, Central Bank governor Patrick Honohan has said.

Business • 03 Oct 14

Number of homeloan customers in arrears down 21% so far this year

21% drop in PTSB mortgage arrears of over 90 days

Permanent TSB said it continues to make progress on reducing mortgage arrears in its Asset Management Unit, which manages its troubled loans.

Business • 18 Sep 14

Legal proceedings have been issued by lenders against over 3,000 homeowners in the second quarter

Number of mortgages in arrears falls by 5%

The number of mortgages in arrears has fallen by almost 5% over the past three months according to new figures from the Central Bank.

Business • 02 Sep 14

The number of split mortgages agreed between consumers and banks continues to increase

Mortgage restructures continue to rise - Finance

The Department of Finance said that 72,819 permanent mortgage restructures had been agreed by consumers and the country's six main banks by the end of June.

Business • 14 Aug 14

David Duffy said the bank wanted to keep people in their home wherever possible

AIB chief says level of mortgage arrears falling

The Chief Executive of AIB has said the overall situation in terms of the bank's customers in mortgage arrears has improved significantly.

News • 30 Jul 14

Finance Committee publishes report on mortgage arrears

Rising prices putting homes in repossession risk

Rising property prices could put more homes at risk of repossession than before, according to a report by the Oireachtas Finance Committee.

Business • 08 Jul 14

People should be allowed to continue paying their mortgage past retirement age, the report recommends

Report looks at problem of mortgage arrears

Rising property prices could put more homes at risk of repossession than before, according to a report by the Oireachtas Finance Committee.

News • 08 Jul 14

Over 1,000 split mortgages agreed with homeowners in a one month period

Number of split mortgages on the rise - Finance

There has been an increase in the number of split mortgages agreed with home owners in arrears, new Department of Finance figures show.

Business • 12 Jun 14

The proportion of residential mortgages in arrears for over 90 days was 12.2% at the end of Q1

Level of early arrears down, but long term grow

The number of mortgage accounts in arrears for over 90 days fell for the second quarter in a row in the three months to the end of March, the Central Bank said today.

Business • 05 Jun 14

New Department of Finance figures on mortgage arrears

74% of loans in 90 days arrears not restructured

There has been no change in the number of mortgages in arrears which have been given restructuring arrangements by banks in the first three months of the year.

Business • 16 May 14

Arrears reached a new high of 18.4% in the first quarter of 2014, Fitch figures show

Fitch study notes increase in mortgage arrears

Irish mortgage loans in arrears by more than three months continue to increase, according to Fitch.

Business • 14 May 14

AIB CEO David Duffy said the bank would only compromise on debt with co-operating customers

AIB's Duffy stresses need for engagement

AIB chief executive David Duffy has told the Oireachtas Finance Committee that engagement is the "key that unlocks the conundrum for most distressed borrowers".

Business • 09 Apr 14

PTSB expects to repossess a total of between 2,000 and 4,000 homes as a result of the mortgage crisis

PTSB expects to repossess 2,000-4,000 homes

Permanent TSB has told the Oireachtas Finance Committee that it expects to repossess a total of between 2,000 and 4,000 homes as a result of the mortgage crisis.

News • 09 Apr 14

Ulster Bank's Stephen Bell said the bank was not in favour of post-retirement mortgage payments but would permit them in some cases

Ulster Bank may allow retiree mortgage payments

Ulster Bank is applying for permission to allow some customers in arrears pay part of a split mortgage in retirement.

Business • 08 Apr 14

Jeremy Masding, Group CEO, says the bank has "turned the corner"

Permanent TSB reports €977m loss for 2013

Permanent TSB has reported a loss before exceptional items of €977m for 2013 - exactly the same as for 2012.

Business • 26 Mar 14

The total mortgage accounts in arrears rose to 115,631 at the end of January from 114,921 at the end of December

Permanent mortgage restructures continue to rise

The Finance Department says the number of mortgage accounts in arrears of over 90 days has fallen from 79,782 at the end of December to 79,427 at the end of January.

Business • 13 Mar 14

Financial Services Ombudsman received just over 3,000 complaints between July and December

Level of complaints to Ombudsman down 35%

The Financial Services Ombudsman has reported a 35% reduction in complaints to his office in the second half of 2013 compared to the first half.

Business • 26 Feb 14

Michael Noonan before the Oireachtas Select Sub-Committee on Finance today

Central Bank has powers to address arrears: Noonan

Michael Noonan has told the the Oireachtas Select Sub-Committee on Finance that the Central Bank has the power to require the banks to meaningfully address the mortgage arrears problem.

Business • 15 Jan 14

Mortgage Arrears