Irish Life & Permanent says mortgage arrears nearing their peak
May 14th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Life & Permanent plc (IL&P) issued a trading update today in advance of of the group's Annual General Meeting, which takes place at 11.30am in the RDS, Dublin. IL&P says that mortgage arrears under 90 days have levelled off in the three months to April and this may signal that they are nearing their peak.