Thursday, 7 July 2016

Mortgage scam

Stories filtering out fairly quietly about fraudulently written mortgages.  These practices increase the risk to the housing market, in my opinion, and remind me of stories written about the GFC in the USA.

http://www.smh.com.au/business/banking-and-finance/exaussie-home-loan-broker-admits-to-home-loan-scam-20160707-gq0dpv.html

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