This will mean going beyond banks simply accepting new regulatory regimes, ending commissions to mortgage brokers and financial planners, or increasing their scrutiny of loans. Reforming culture is.
Centennial mortgage broker Leo Shifrin and his companies have been ordered to pay more than $900,000 in civil penalties, consumer restitution and disgorgement for engaging in deceptive advertising and.
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Westpac in liar loans’ crackdown – It comes as the banking royal commission zeros in on irresponsible lending and mortgage fraud, and as the banking regulator pushes the sector to more meticulously comb through borrower information..
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Marketlend’s Tyndall lashes online lending code as window dressing’ – Marketlend’s founder Leo Tyndall said his company had decided against signing. undertaking a proper serviceability assessment and trying to lure business by paying brokers upfront fees of 4 to 6.
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State issues Hurricane Michael recovery update – Following Governor Scott’s visit to Tyndall Air Force Base (AFB) on October 18th. If you don’t have your mortgage servicer’s information with you, you can search the Mortgage Electronic.