Fifty Families 'to Lose Home Every Week' [Eire Region]

Summary


FIFTY Irish families will lose their homes every week as the recession bites, the Government's own stress tests have warned.

Repossessions will soar to unprecedented levels as banks drop their 'softly-softly' approach to homeowners who can't pay their mortgages, according to the US consultants who performed last week's bank stress tests.

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Extract


Fifty Families 'to Lose Home Every Week' [Eire Region]

The warning is contained in the small print of their report, published on Thursda...

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