The country's five main banks will later brief Central Bank officials on their plans for customers affected by the coronavirus outbreak.
Yesterday it was announced homeowners financially impacted by Covid-19 will be able to have their mortgage repayments frozen for three months.
Today's discussions are expected to focus on the current mortgage lending rules, with bankers looking for them to be streamlined given the current crisis.
David Hall, CEO of the Irish Mortgage Holders Organisation, says not involving the banking regulator from the start was a mistake.
"There should not have been any announcement yesterday from the minister until there was absolute certainty from all banks and all vulture funds about what's going to happen in the future.
I think we're in a very precarious position. And there is an inherent risk here that inaction, a lack of clarity and a complicated process will have people put their hands in the air and say 'here, I'll worry about this if I survive the next few months'".
