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Noonan again insists no mass repossessions under banks plan

The Finance Minister’s rejecting claims there will be a wave of repossessions of family homes.

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Michael Noonan’s again faced anger in the Dáil from the opposition who say the plans to help those who can’t pay their mortgages gives too much power to the banks.

But he says repossessions of family homes will only be in extreme circumstances, though when it comes to buy to let properties, repossession would actually help the economy:
 

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