MacSharry calls for action on mortgage crisis

MacSharry calls for action on mortgage crisis

Fianna Fáil Senator Marc MacSharry has called for substantive action on the mortgage crisis which is impacting thousands of families across the country.

Senator MacSharry said: “Two Bills dealing with mortgage arrears have been introduced by Fianna Fáil which offered tangible solutions to the problem. There has been too much focus on the so-called systemic importance of the banks. It is time we realised the systemic importance of our people to the future of the country. We cannot continue to have a situation where families are overburdened with unsustainable debt and unable to contribute in the domestic economy.

“I welcome reports that a non-judicial resolution process for mortgage arrears could be introduced. However I must stress that any such system must seek to keep families in their homes.”

Leave a Reply