Lenders must now be forced to sort out this crisis
Published 08/05/2015 | 02:30
Finance Minister Michael Noonan has confirmed that the veto banks have over mortgage debt write-down deals will be weakened.
The response to that from many people will be that they do not want to pay for the mortgage of someone else. Imposing solutions on banks will deplete their capital, funds that were provided by the taxpayer.
But do we really have any alternative?