Structured finance news in brief, November 19, 2010

19 Nov 2010

Irish mortgage proposals prolong pain


The Irish Committee of Experts on Mortgage Arrears and Personal Debt Group published its final report on Tuesday, recommending that "advanced" forbearance be extended to five years if mortgage borrowers can pay more than 66% of monthly interest.

JPMorgan research says: "[The committee’s findings] do ...

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