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Our sub-prime problem uncovered?

Posted by: 2UE | 4 June, 2012 - 1:47 PM
Will the big four banks lower their variable interest rates

Courts are siding with homeowners, expunging their mortgages, after they were stung by mortgage brokers with dodgy lending practices. Two Murrays discuss some questionable practices of lenders now before the courts.


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Blog comments Your Say

  • It is quite simplistic to blame brokers for so called "dodgy" practices. The truth is brokers have to do a lot more now for considerably less income and lenders have passed on a lot of their work to brokers. To uncover dodgy practices, the practices of lenders, particularly the big ones, need to be looked at closely.

    Terrence Monday 4 June, 2012 - 10:19 PM

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