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The total domestic residential mortgage book kicks in around 750,000 contracts for a total of 100bn EUR in the Republic. 3% of that is according to a Goldman S
by hessenwolf 16y ago
The total domestic residential mortgage book kicks in around 750,000 contracts for a total of 100bn EUR in the Republic. 3% of that is according to a Goldman Sachs report a pessimistic default rate. 3bn EUR sounds to us like pocket change these days.
The responsibility is not shared as evenly across Ireland as is commonly thought.