Irish Bank Evicts Pensioner After $155 Billion Losses: Mortgages

The country's 10 largest banks, including four overseas- owned lenders, lost more than $155 billion on soured loans, mainly in commercial real-estate, in the past four years, according to Bloomberg calculations. Now lenders and the government are grappling with how to handle failing mortgages while avoiding widespread evictions amid concern that banks may need more money than they raised following a third round of stress tests last year.