The consequences will not be obvious to those making the rules. However, when they wake up from...
Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.
The actual CBA perpetrators are now off the hook and CBA shareholders will have to pick up the bill. Unjust!!!
The Federal Court has approved an agreement between Commonwealth Bank and AUSTRAC that will require the lender to pay a $700 million penalty
Yes the RBA cash rate seems obsolete until the RBA raise the cash rate and then watch all lenders...
The international banking and financial system is rendering the Reserve Bank’s use of the cash rate mechanism obsolete, according to a mor
Too late it already has, that is what happens when the moronic regulators take over!
Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.
Situation is simple to resolve. Unblemished track record for say a minimum of 2 years, no recent or...
Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.
It is going to get much worse before it will get better...
ASIC have targeted Interest Only loans,...
Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.
I have had this happen several times. I have had clients who have paid without missing a payment for...
Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.
Election this year - confirmed by our local MP on Friday and also by the political signs going up everywhere!!!
Treasurer Scott Morrison has said that the government response to the royal commission will need to be careful not to “create a self-fulfi
Where have you people been for the past 10 years? this has been the situation from day 1 of the NCCP...
Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.
What do the banks do with a captive market - a market that cannot refinance away? Profit. See what...
Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.
Very good article. It is happening now in Australia as many clients are unable to move to a better...
Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.
This Article is so true
Hope the consumer association see this
And also our PM
He is a seasoned...
Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.
Haha yep already happening in Australia, the other day I told clients whom were 18k ahead in their...
Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.
Agree, lenders are running scared thanks government through ASIC and the Royal Commission needing to...
Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.
Summed up perfectly,and recession here we come created by all the know it all the morons!
Analysis: When regulation creates mortgage ‘prisoners’
Too much red tape in the mortgage industry can actually leave consumers in a worse position, as some markets are starting to discover.