Government announces measures to tackle the mortgage arrears crisis
The Justice Minister says she was restricted constitutionally.
The Government has announced new measures to deal with the mortgage arrears crisis.
Among them is an independent court review that will have the power to approve insolvency deals that have been rejected by banks.
There's also an extension of the mortgage to rent scheme to deal with most of the 38 thousand mortgages that remain in arrears.
Under the new system the courts can review and effectively overturn a bank veto.
AUDIO: Justice Minister Frances Fitzgerald says this was as far as she could go constitutionally:
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