At the end of June, t he total of impaired loans on AIB’s Irish mortgage book amounted to €5.2 billion. This was €153 million higher than at the end of last December. Photograph: Bryan O’Brien

An interesting paper on the repayment of mortgage arrears was published yesterday by the Central Bank of Ireland. It analysed the performance of 38(...)

Just 124 insolvency deals were done under the auspices of the Insolvency Service of Ireland over the three months from the beginning of April until the end of June. That is not much more than one a day.

When the Insolvency Service of Ireland (ISI) came into being over a year ago, the then minister for justice, Alan Shatter, said it was the “light at t(...)

Irish Mortgage Holders’ Organisation  director David Hall said the Insolvency Service of Ireland’s “pathetic” figures were proof the new insolvency regime was “not working in a crisis that affects hundreds of thousands of citizens”.

The desperately slow progress of distressed mortgage holders seeking to use the State’s new insolvency regime to resolve their difficulties has been h(...)

The Director of the Insolvency Service of Ireland, Lorcan O’Connor. File photograph: Eric Luke / THE IRISH TIMES.

Just 124 deals on debt were done under the auspices of the Insolvency Service of Ireland (ISI) in the second quarter of 2014 according to figures p(...)

Constantin Gurdgiev: no longer “on the radar” of Irish journalists. Photograph: Brenda Fitzsimons

Some celebrity economic commentators, such as the Russian-born, Dublin-based dismal scientist Constantin Gurdgiev and mortgages analyst Karl Deeter, r(...)

Members of the Oireachtas finance committee yesterday: (from left) Pearse Doherty, Stephen Donnelly, Liam Twomey, Ciarán Lynch and Michael McGrath. Photograph: Dara Mac Donaill

The Government needs to overhaul the new insolvency regime and amend the mortgage-to-rent scheme to help resolve the mortgage arrears crisis in Irelan(...)

A law forum on mortgage arrears  takes place at Griffith College  tomorrow. Photograph: Peter Byrne/PA Wire
Forum on mortgage arrears

A law forum on mortgage arrears will take place at Griffith College Dublin tomorrow. The event, which will cover topics such as strategic defaulting, (...)

KBC Bank has denied it has reached an agreement with the Irish Mortgage Holders’ Organisation which would see insolvent borrowers discharged of their debts within three months.  Photograph: Krisztian Bocsi/Bloomberg

KBC Bank has denied it has reached an agreement with the Irish Mortgage Holders’ Organisation (IMHO) which would see insolvent borrowers discharged of(...)

A three-month bankruptcy is  suitable for customers of AIB and KBC Bank who have an unsustainable family home or buy-to-let mortgage and additional other unsecured debt.

AIB and KBC Bank have agreed a deal with the Irish Mortgage Holders Organisation (IMHO) which will allow people to be debt free within three months, t(...)

Micheál Martin at the election count in Cork Cty Hall today. Photograph: Michael Mac Sweeney/Provision

Fianna Fáil leader Micheal Martin has expressed satisfaction with the party’s performance in both local elections, where it looks set to increase its (...)