The Central Bank of Ireland instituted different measures to protect borrowers if they are unable to repay their mortgage. The
Continue readingTag: mortgage arrears
Payments in Advance vs. Payments in Arrears
Payments in advance and payments in arrears are two distinct types of payments, though they are related when it comes
Continue readingWhat are the Best Ways to Deal with Mortgage Arrears?
Being in mortgage arrears is not a great financial situation to be in when you have a mortgage on your
Continue readingWhat are Mortgage Arrears?
The term “arrears” generally refers to the state of loan repayments with respect to the due date of those repayments.
Continue readingMortgage Restructuring
In 2012, 22% of mortgages were in arrears. A lot of these mortgages have been restructured for clients by banks.
Continue reading