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AUSTRALIAN DEMOCRATS : How Many Low Doc Loans Are Unethical? – 24/08

on Aug 26, 2012 in Stated Income Loans | 2 comments

AUSTRALIAN DEMOCRATS : How Many Low Doc Loans Are Unethical? – 24/08 … "The evidence put before the Senate inquiry by Denise Brailey of the Banking and Finance Consumers Support Association is damning. She asserts widespread fraud in low-doc and no-doc loan applications render them misleading and unconscionable. If you would like more informaiton please visit here… RBA exposes low-doc loans risk The Sydney conference was also told there may be a case for greater use of hard limits on lending. Low-doc loans and "no-doc" loans involve lenders requiring little or no evidence of a borrower's ability to make repayments, and generally carry higher … If you would like more informaiton please visit here… ASIC says no to low-doc loan inquiry THE corporate regulator has refused to investigate a claim of alleged low-doc loan fraud despite one of the nation's top forensic handwriting experts saying there is "no evidence" the documents in question are legitimate. Businessman Gary White applied … If you would like more informaiton please visit here… AUSTRALIAN DEMOCRATS : How Many Low Doc Loans Are Unethical? - 24/08...

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