The manager of a local debt solutions company has called the Keane report laughable.
The report rules out blanket debt forgiveness or negative equity forgiveness - on the basis that it would be impossible to effectively target those most in need.
Its main proposals are for trade-down mortgages, split mortgages and sale by agreement.
And a new mortgage-to-rent initiative would allow councils and housing agencies take ownership of properties - to allow homeowners remain in their homes and pay rent.
Manager of Frost Debt solutions based in Buncrana, Ryan Stewart, says the Government don't know what to do when it comes to mortgage arrears: