14 These accounts relate to c.610,000 properties, as it is estimated that there are, on average, 1.2 mortgage accounts  per home  https://www.centralbank.ie/news/article/speech-the-need-for-continued-focus-on-resolving-long-term-mortgage-arrears-ed-sibley-13-july-2021  8/9  7/14/2021  A long shadow – The need for continued focus on resolving long term mortgage arrears - Deputy Governor Ed Sibley  15 Duignan and Kearns (2021) Behind the Data - Mortgage Borrowers Facing End of Term Payment Shortfalls, Central  Bank of Ireland.
16 See for example Donnery et al. (2018) Resolving Non-Performing Loans in Ireland 2010-2018, Central Bank of  Ireland. 17 Mortgage Arrears Statistics, Central Bank of Ireland. 18 From the Central Bank’s mortgage arrears statistics: 14% of accounts in LTMA were restructured at March 2021. In 2016, there were 36,500 restructures implemented.