Wanted: tailor-made help for homeowners

While Mabs is doing what it can to help mortgage holders in trouble, it is not capable of dealing with the scale of the crisis we are facing, writes David Hall.

26th May, 2012

Taoiseach Enda Kenny last week confirmed what most people already knew: the growing mortgage arrears crisis is the single biggest issue facing the Irish people at present. The latest figures show that more than 10 per cent of all mortgages are now in arrears or have been restructured.

This means that an awful lot of people now need an awful lot of help. For many of them, the first port of call is the state-funded Money...

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