Relevant:
- Report rules out blanket debt forgiveness (Ireland)
- Irish Mortgage Woes Worsen as 25% of Home Loans in Trouble
- JPMorgan, Bank of America Forgive Debts that No Longer Exist; Wonderful News! But For Whom?
- Ex-Trader Lippmann Calls for U.S. Mortgage Forgiveness After Subprime Bets
- New tax breaks a relief to homeowners
2011-07-26 — bloomberg.com
"Allied Irish Banks Plc, the nation's biggest mortgage lender, may use money from its taxpayer bailout to rescue homeowners unable to pay their mortgages, opening the door to debt forgiveness in Europe's worst real-estate market."
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