Dáil Éireann Debate, Thursday - 1 June 2017
90. Deputy Michael McGrath asked the Minister for Finance the amount of warehoused mortgage debt under the split mortgage solution for both principal dwelling homes and buy-to-let mortgages by institution on an aggregate basis; and if he will make a statement on the matter. [26506/17]
View answerThe Mortgage Arrears and Repossessions data published by the Central Bank indicates that over €3 billion of loan balances were classified as “Split Mortgage” restructures at end Q4 2016, based on PDH and BTL portfolios across all entities (including banks, retail credit firms and unregulated loan owners). The Central Bank does not publish information on the warehoused component of the split mortgage restructure. However, the Central Bank has advised that, based on its data, under half of the €3 billion in loan balances relates to the warehoused / split component of the restructure.
