The Department of Finance plays a key role in implementing the Government’s comprehensive strategy to address the problem of mortgage arrears.
The implementation of this strategy is overseen at Government level by a special Government Sub-Committee chaired by An Taoiseach, and at official level by a high level Mortgage Arrears Steering Group chaired by the Secretary General, Mr. John A. Moran.
The mortgage arrears strategy is built around the following pillars:
- Innovative Personal Insolvency Reform
- Comprehensive Advice and Guidance
- A Mortgage to Rent Scheme
- Mortgage Arrears Resolution Strategies