GLOBAL SUB-PRIME CRISIS

BANKILEAKS

Click on our Secret Library of Evidence ------>

    BANKILEAKS Secret Library

Loan Application Forms (LAF's)  

    Bank Emails to Brokers  

    Then Click on 'VIEW NOTEBOOK'

Join us on facebook
 

facebook3           facebook2 

BFCSA
MORTGAGE
DISTRESS SOS

What BFCSA Does...

BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.

Visitors

Articles View Hits
487293

Whistleblowers' Corner!

To all mortgage brokers, BDMs and loan approval officers! 
Pls Call Denise: 0401 642 344 

"Confidentiality is assured."

Cartoon Corner

Lighten your load today and "Laugh all the way to the bank!"

Denise Brailey

Led by award-winning consumer advocate Denise Brailey, BFCSA (Inc) are a group of people who are concerned about the appalling growth of Loan Fraud around the world. BFCSA (Inc) is a not for profit organisation in the spirit of global community concern and justice.

Click on the Cluster Map.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Login
    Login Login form
Denise

Denise

Denise Brailey has dedicated the past 20 years of her life to being a Consumer Advocate - a voice for the people and former President of RECA (Real Estate Consumer Association. She has helped thousands of investors and is currently President of the BFCSA (Banking & Finance Consumers Support Association). Denise was also awarded and presented with the Rona Oakley Award for Consumer Protection in 2010.
Morgan Stanley: Expect more declining prices this year yourmortgage.com.au 12 Jan 2018 Michael Mata   APRA STATS are rubbish!  Do not trust the regulators to tell us all the truth!  Australians should brace themselves for further house price declines in 2018, according to Morgan Stanley’s Australian housing model (MSHAUS). The model also revealed that the recent strength in building approvals data — which has gotten many excited on the outlook for residential construction activity this year — is unlikely to last. “Updating our proprietary housing indicator for Q3 20117 data [using an estimate for completions], we find MSHAUS has dropped to a new record low of -1.0, suggesting that the recent decline in prices will likely continue well into 2018,” Morgan Stanley said. “All categories of the indicator recorded a decline, with the largest moves in credit supply, driven by a sharp decline in the share of interest-only (IO) lending to...
Last modified on
Hits: 136 0 Comments
Rate this blog entry:
0
Continue reading
Banking royal commission could be distracted by disaffected borrowers Australian Financial ReviewJan 3 2018 11:00 PM James Thomson   Small business and family enterprise Ombudsman Kate Carnell says banking royal commissioner Kenneth Hayne will find it "incredibly challenging" not getting bogged down in individual cases of disaffected borrowers as he seeks to balance these with broader sectoral issues. Ms Carnell, who completed her inquiry into small business loans last year, will offer Mr Hayne a briefing on the cases it examined. The inquiry focused on the power balance between banks and small business borrowers, which has been a particular point of contention in a number of cases involving Commonwealth Bank subsidiary BankWest. Some BankWest customers claim their loan arrangements were suddenly changed at the height of the GFC, and are pushing for the Royal Commission to re-examine these cases. "I think we could help him do a lot of the work,"...
Last modified on
Hits: 136 0 Comments
Rate this blog entry:
0
Continue reading
The bubble has FINALLY burst! House prices fall in Australia's biggest cities and more declines are tipped  Daily Mail Australia 2 January 2018 Stephen Johnson   Sydney and Melbourne property prices have gone backwards and are expected to slide in 2018. Home values in Sydney shrunk by 0.9 per cent in December while Melbourne prices slipped by 0.2 per cent, marking the first monthly drop in the Victorian capital since February 2016,  property data group Core Logic's Home Values Index says. Sydney still has a median house price of $1.058 million, which is more than double that of Perth and Adelaide and 27 per cent higher than Melbourne's $832,735. However, the harbour city's annual real estate price growth pace has plummeted from a peak of 17 per cent in May last year to just 3.1 per cent at the end of 2017 - marking a 14 per cent turnaround. Core Logic's...
Last modified on
Hits: 173 0 Comments
Rate this blog entry:
0
Continue reading
Financial tech push: Big four banks to cut 20,000 jobs, experts predict Australian Financial Review Jan 2 2018 11:00 PM James Frost   The big four banks are set to accelerate plans to thin the ranks of full-time employees by 20,000 in 2018 and beyond as earnings growth slows and costs become harder to control. Experts say ANZ, Commonwealth Bank, NAB and Westpac will need to get serious on headcount in the year ahead after reducing the number of full-time employees by just 2498 or 1.5 per cent in 2017. NAB generated headlines at its full-year results on September 2 when it announced the bank would look to shed 4000 jobs over three years, or 12 per cent of its work force. A 12 per cent reduction in staff across the 159,028 employed across the big four is just under 20,000. CLSA analyst Brian Johnson said it was unlikely that NAB...
Last modified on
Hits: 148 0 Comments
Rate this blog entry:
0
Continue reading
Westpac’s wealth arm BT targets self-managed super funds The Australian 12:00am January 3, 2018 Michael Roddan   Westpac, the only major bank not to completely or partially divest its wealth management businesses, is planning to ramp up its charge into the $700 billion self-managed superannuation market. While other major lenders are shedding their troublesome pension, investments and life insurance operations, Westpac has backed its wealth management arm, BT Financial Group. Key to its strategy of retaining the business is targeting the fast-growing SMSF market, which has exploded to house $697bn of the nation’s retirement savings. The decision to retain its wealth management unit could set Westpac apart from its rivals Commonwealth Bank, ANZ and National Australia Bank, which are refocusing on bread-and-butter banking and mortgages. CBA recently struck a deal to offload its troubled life insurance business CommInsure and is planning to divest itself of its global asset management arm. Last...
Last modified on
Hits: 150 0 Comments
Rate this blog entry:
0
Continue reading
ASIC follows the data to expose lenders and insurers The Australian 12:00am January 3, 2018 Richard Gluyas   ASIC is deploying its vast data-collection and analytics capability showcased in last year’s review of mortgage broker remuneration as it builds up to release public reports from a range of financial services industry inquiries. The watchdog is also expected to announce early this year that total remediation for the sale of worthless add-on insurance to car owners has surged past $100 million, after IAG-owned Swann Insurance refunded $39m to 67,000 customers last month. ASIC senior executive for fin­ancial services Michael Saadat said the mortgage broker review had set a high water mark for data collection and analysis. “The big change is that we are now getting very granular, transaction-level data that can be used to understand the consumer outcomes and how a market is operating,” Mr Saadat said. “Previously we haven’t had that...
Last modified on
Hits: 134 0 Comments
Rate this blog entry:
0
Continue reading
Joe Hockey and the Reserve Bank: no such thing as a free $8.8 billion Posted by Michael West | Jan 9, 2018 https://www.michaelwest.com.au/joe-hockey-and-the-reserve-bank-no-such-thing-as-a-free-8-8-billion-gift/ Remember that $8.8 billion which former treasurer Joe Hockey gifted the Reserve Bank, that $8.8 which the Reserve Bank neither needed nor asked for? It has paid handsome dividends. A quick run though the RBA financial statements shows the dividends back to government have been rising sharply and there appear to be some other lucky beneficiaries, investment banks which are now picking up trading fees. You will find the $8.8 billion recorded as a grant in the 2014 financial statements Before that – in 2012 and 2013 when Labor was in office – there were no “fees received for banking services”. In the ensuing years however, “fees for banking services rose from $67 million in 2014 to $76 million in 2015, thence $81 million in 2016 and $89...
Last modified on
Hits: 221 0 Comments
Rate this blog entry:
0
Continue reading
Highrise Harry must be lobbying hard...............There is a complete glut of homes and no buyers.  Ordinary people (thats most of us) cannot afford to buy  a home of our own and others are losing theirs due to massive sub prime mortgage scandal and fraud.   Another idiotic housing affordability “solution” emerges By Unconventional Economist in Australian Property at 8:33 am on January 12, 2018 | 3 comments https://www.macrobusiness.com.au/2018/01/another-idiotic-housing-affordability-solution-emerges/ By Leith van Onselen Leading real estate rent-seeker, the Property Council of Australia (PCA), is pushing for another idiotic policy “solution” to fix Australia’s housing affordability woes: offering a government-backed low deposit home loan scheme. From The Australian: A government-backed low-­deposit home loan scheme could help address housing affordability by getting more buyers into the market and adding to the housing stock, according to the Property Council of Australia… The PCA highlighted the Keystart program in Western Australia, where buyers can purchase a home...
Last modified on
Hits: 103 0 Comments
Rate this blog entry:
0
Continue reading
Banking royal commission: Kenneth Hayne adds mortgage brokers to hit list James Frost  19th Dec, 2017Read more: http://www.afr.com/business/banking-and-finance/financial-services/banking-royal-commission-kenneth-hayne-adds-mortgage-brokers-to-hit-list-20171219-h078fs#ixzz53SIto7oX Follow us: @FinancialReview on Twitter | financialreview on Facebook The former High Court judge appointed by the federal government to lead the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has wasted no time in stamping his authority on the inquiry and broadened the terms of reference to include mortgage broking. Commissioner Kenneth Hayne, QC, has directed the inquiry to include the $344 billion industry by expanding the definition of a financial services entity to include intermediaries between borrowers and lenders and was revealed in a letters patent sent by the Governor-General on Friday. A joint statement from the Treasurer and the Attorney-General's office just before the release of the government's midyear budget update confirmed the change had been made "following the government's consultation with the appointed commissioner". Under the original terms of reference a financial...
Last modified on
Hits: 158 0 Comments
Rate this blog entry:
0
Continue reading
'Massive blow' to vulture funds as home repossessions halted due to arrears miscalculations Tanager admits incorrectly calculating home loan repayments Charlie Weston 4th January   IRISH INDEPENDENT https://www.independent.ie/business/personal-finance/property-mortgages/massive-blow-to-vulture-funds-as-home-repossessions-halted-due-to-arrears-miscalculations-36457385.html   Vulture funds have received a massive blow in their attempts to repossess homes. It has come about because a second lender was forced to admit it was incorrectly calculating arrears levels on mortgage accounts.  This latest admission sees Tanager forced to withdraw legal proceedings against a number of property owners in arrears. The development is set to cast doubt over future moves by Tanager to take repossession actions against those behind on their repayments. It comes just two months after subprime lender Start Mortgages had to stop repossession proceedings after it emerged it has been miscalculating the arrears on accounts. Tanager, a US fund that bought Bank of Scotland mortgages, is now recalculating how it works out arrears on accounts. Owned by Apollo...
Last modified on
Hits: 218 0 Comments
Rate this blog entry:
0
Continue reading
Massive bill leaves Kondinin farmer with just $3 Exclusive, Shane Wright Wednesday, 27 December 2017 7:30AMhttps://thewest.com.au/news/wa/massive-bill-leaves-kondinin-farmer-with-just-3-ng-b88697688z A WA farmer was left with just $3 after his life’s assets were sold by bank-appointed administrators who made more than half a million dollars from their work. Documents released to a Senate committee by restructuring and investment firm KordaMentha reveal for the first time the extent of costs out of the financial troubles of Kondinin farmer Peter Repacholi. The Senate committee — which has urged the Federal Government’s banking royal commission, which starts next year, to look at cases such as Mr Repacholi’s — received documents from KordaMentha about how much it charged to wind up the Kondinin property. Mr Repacholi lost his 4000ha property in 2014 on the back of a $3.5 million debt to Bankwest. The Repacholi case was a focus of the recent Senate committee because of concerns about Bankwest’s actions, its...
Last modified on
Hits: 194 0 Comments
Rate this blog entry:
0
Continue reading
Banking royal commission to examine 'limited’ compensation scheme of last resort for bad advice Dec 28 2017 at 11:50 AM Updated Dec 28 2017 at 1:45 PM http://www.afr.com/business/banking-and-finance/financial-services/banking-royal-commission-to-examine-limited-compensation-of-last-resort-for-bad-advice-20171228-h0atiu The federal government says its banking royal commission will consider whether there is a need for a last-resort compensation scheme for victims of bad financial advice, despite financial services industry resistance. An independent review of the country's external dispute resolution scheme, chaired by Professor Ian Ramsay, last week released a supplementary final report recommending a "limited and carefully targeted" compensation scheme of last resort should be established, initially restricted to financial advice failures. Financial services minister Kelly O'Dwyer said the government would not respond to the report until the royal commission had concluded, as key elements of it were earmarked for investigation by the Kenneth Hayne-led commission. "The royal commission will examine many of the issues that have been considered as part of...
Last modified on
Hits: 262 0 Comments
Rate this blog entry:
0
Continue reading
Now its PWC being sued.....read the gems below in yellow from the PWC audit done for CBA/Bankwest in 2014....half baked audits done on CRAP (and missing) data and not necessarily financial data???  That’s telling!    Judge Says PricewaterhouseCoopers Was Negligent In Colonial Bank Failure Ruling opens accounting firm to hundreds of millions of dollars in potential damages https://www.wsj.com/articles/judge-says-p ricewaterhousecoopers-was-negligent-in-colonial-bank-failure-1514762610 By Michael Rapoport Updated Jan. 2, 2018 9:53 a.m. ET PricewaterhouseCoopers LLP was negligent in connection with one of the biggest bank failures of the financial crisis, a federal judge has ruled, opening up the Big Four accounting firm to the potential of hundreds of millions of dollars in damages. PwC violated auditing rules and didn’t take steps that could have detected a $2 billion fraud scheme that contributed to the 2009 failure of Alabama’s Colonial Bank, the judge ruled. The ruling Thursday came in a lawsuit brought against PwC by the...
Last modified on
Hits: 160 0 Comments
Rate this blog entry:
0
Continue reading
CBA had activities in South Africa to transfer money...   Fraud on the Board!.....Now see list below...  The doozy on bank misdeed list.... 97.Hiding failed loans in the Commercial Real Estate portfolio in 2009 and 2010 while issuing new stock to repay Government bail-out money  Banking Misdeeds List  #1 - #141 Robert Jenkins' partial list of bank misdeeds Date published: 26 October 2016 http://www.finance-watch.org/hot-topics/blog/1186-jenkins-bank-misdeeds This list was compiled by Robert Jenkins, formerly a member of the Bank of England Stability Policy Committee and now Adjunct Professor of Finance, London Business and Senior Fellow at Better Markets, and first delivered at the Finance Watch Conference “Confidence, ethics and incentives in the financial sector” on 17 November 2015 Banking Misdeeds List 1.         Mis-selling of payment protection insurance 2.         Mis-selling interest rate swaps 3.         Mis-selling credit card theft insurance 4.         Mis-selling of mortgage backed securities 5.         Mis-selling of municipal bond investment strategies 6.         Mis-selling of structured...
Last modified on
Hits: 253 0 Comments
Rate this blog entry:
Continue reading
The NAB tailors are expert at dishonesty and fraud!  Tsunami of Claims and Payouts   NAB, Clydesdale face lawsuit over tailored business loans Clancy Yeates 22 December 2017 http://www.theage.com.au/business/banking-and-finance/nab-clydesdale-face-lawsuit-over-tailored-business-loans-20171221-p4yxyn.html National Australia Bank and its former subsidiary, Clydesdale Bank, are being targeted in a new lawsuit seeking compensation on behalf of thousands of small business customers in the United Kingdom. A group representing customers on Thursday made the first formal move in a legal fight over loans that were sold by Clydesdale when it was owned by NAB. NAB offloaded the UK business in 2016 after years of poor performance, including the payment of hefty compensation charges. The legal challenge is focused on interest rate hedging products known as "tailored business loans", which were sold to small business customers and have previously attracted criticism from UK politicians over their complexity and high cost. While some customers have already been compensated for the...
Last modified on
Hits: 170 0 Comments
Rate this blog entry:
0
Continue reading
Make what you will of this....from targeting ARIPS pre the GFC to discrimination after the event to ASIC ordering banks to resume former dodgy lending practices in April 2011? ASIC gives banks green light to relax loan rules Property by: By Jason Bryce From: Herald Sun 4 years ago April 23, 2011 12:00AM http://www.news.com.au/finance/real-estate/asic-gives-banks-green-light-to-relax-loan-rules/story-e6frfmd0-1226044315633   THE corporate regulator has ended months of confusion for banks, ordering them to relax the purse strings and resume lending to middle-aged and older Australians. Since responsible lending guidelines were introduced in January, banks and non-bank lenders have been rejecting credit applications from middle-aged people who lack a substantial retirement nest egg. The Australian Securities and Investment Commission has now clarified its guidelines and confirmed retirees have a right to downsize and sell.  In a revised guidance note ASIC told lenders they must ask more questions to determine whether a middle-aged applicant will be able to...
Last modified on
Hits: 153 0 Comments
Rate this blog entry:
0
Continue reading
?????  Sounds as if Soros hates banks!   Soros’s Foundation Fights Irish Bankers Over Home Foreclosures By Dara Doyle @DaraDoyMore stories by Dara Doyle ‎2‎‎February‎‎2017‎‎4‎:‎01‎‎PM https://www.bloomberg.com/news/articles/2017-02-02/soros-s-foundation-fights-irish-bankers-over-home-foreclosures ·         Billionaire’s Open Society makes legal case against evictions ·         Banks get new headache with $4.9 billion of mortgage arrears   War crimes, attacks on media freedom in former communist states and prejudice against Europe’s Muslims. Now mortgages in Ireland have made it onto the ignominious list for George Soros’s campaigners. The billionaire investor’s Open Society Foundations is opening a new front in the fight against evictions as the legacy of one of the worst real-estate market crashes in history continues to haunt Ireland. About one in 10 Irish mortgages is in arrears, or 4.5 billion euros ($4.9 billion) of missed payments, and foreclosures tripled over the last five years. “Essentially, we are aiming to apply a human rights approach in repossession cases,” said Marguerite...
Last modified on
Hits: 148 0 Comments
Rate this blog entry:
0
Continue reading
Great idea ..close branches, replace old technology with new technology and train robots to put the lies into liar loans!  I guess Turnbull has a big investment in robot factories!    Big four banks expected to cut 20,000 jobs in 2018 as technology replaces humans NAB, Commonwealth Bank, ANZ, Westpac expected to slash jobs by 12 per cent NAB announced in September it will slash 6,000 employees over three years Leading banks are expected to follow to cut costs and make way for technology A 12 per cent reduction across the board would equal just under 20,000 jobs By Brianne Tolj For Daily Mail Australia Published: 09:46 AEDT, 3 January 2018 | Updated: 09:52 AEDT, 3 January 2018 http://www.dailymail.co.uk/news/article-5229983/Australias-big-four-banks-cut-20-000-jobs-2018.html Australia's big four banks will slash 20,000 full-time jobs throughout the year in an effort to cut costs and make way for new technology, experts predict. NAB got the ball rolling in...
Last modified on
Hits: 236 0 Comments
Rate this blog entry:
0
Continue reading
Banking royal commission could be distracted by disaffected borrowers Jan 3 2018 at 11:00 PM Updated Jan 3 2018 at 11:00 PM James Thomson http://www.afr.com/news/policy/kate-carnell-warns-royal-commissioner-of-challenge-of-not-getting-bogged-down-20180102-h0cfa9 Small business and family enterprise Ombudsman Kate Carnell says banking royal commissioner Kenneth Hayne will find it “incredibly challenging” not getting bogged down in individual cases of disaffected borrowers as he seeks to balance these with broader sectoral issues. While she expects the commission will take longer to complete than the predicted 12 months, she said "anything that my office can do to help that timeline we will do." But Ms Carnell said her inquiry had shown her how difficult it is to deal with individual cases, which are often highly complex and require time and resources to examine. "I think it's going to be incredibly challenging not getting bogged down and not getting flooded with so much paper," Ms Carnell said. Even at a practical...
Last modified on
Hits: 181 0 Comments
Rate this blog entry:
0
Continue reading
This is disturbing!  Trapped in other words into all the property investment hype by Banker driven Spruiker! Alexandria residents Rebecca and Nathan Devlin said they felt more conflicted because they rented their home but had an investment property too.  “We wouldn’t want to have to rent our property out for less” Ms Devlin said. Rental prices tumble in pockets of Sydney’s east, far west and north Aiden Devine 17 December 2017 https://www.realestate.com.au/news/rental-prices-tumble-in-pockets-of-sydneys-east-far-west-and-north-but-freeze-elsewhere-in-the-city/?utm_source=outbrain&utm_medium=cpc&utm_campaign=Outbrain_cpc_Newsandadvicedesktop&utm_content=Sydney%20rents%20plummet%20with%20home%20prices&utm_term=The%20Hill Rental prices tumble in pockets of Sydney’s east, far west and north SYDNEY tenants can look forward to a discounted lease on life with rents tumbling across the city’s east, west and north and remaining static everywhere else. For the first time since the Global Financial Crisis of a decade ago, increased supply and changing regulation have given tenants the advantage in what was a tight and highly competitive market. New realestate.com.au research showed rental prices have been tumbling...
Last modified on
Hits: 193 0 Comments
Rate this blog entry:
0
Continue reading
It’s the definition of insanity.....unemployed and underemployed Aussies screaming for work because the Liberals are under the thumb of big business -  aka the global rip off merchants!  Public comment: "If the public servants can’t make decisions without consultants then they’re useless parasites."   Government incompetence makes pensioners pay and pay http://morningmail.org/10bn-bill-outsource-bureaucracy/ Government spends $10 billion to outsource bureaucracy and slugs pensioners’ assets $2.8 billion over four years. That will not be forgotten come election day—especially by the many hard workers that put a few dollars aside and now are punished by moving the goal posts on January 1 this year. Nearly $10 billion in taxpayer funds were spent last year on outsourcing, including labour hire, external contractors, rent and legal advice, as federal government departments tried to fill holes left by staffing cuts and circumvent hiring caps imposed by the Coalition. Source: News Corp $10bn bill to outsource bureaucracy An...
Last modified on
Hits: 262 0 Comments
Rate this blog entry:
0
Continue reading
It’s back to closing branches to cut costs..it’s the repeat cycle ‘for shareholder profit’ and big bonuses - new technology mixed with old ideas!     Branch closures leave banks out on a limb The Australian 12:00am December 29, 2017 Michael Roddan   The banking sector is on a collision course with regional Australia and Nationals MPs, with the rapid closure of bank branches in the least populous states expected to accelerate this year. An analysis of official figures by The Australian has found more than one in 10 bank branches in South Australia closed between mid-2014 and mid-2016. The 11 per cent decline in the state over the two years — with more than 50 branches shut — outpaced the rate of branch closures across the nation over the same period, where 7 per cent were closed. The South Australian government recently abandoned plans for a controversial bank tax, which would...
Last modified on
Hits: 199 0 Comments
Rate this blog entry:
0
Continue reading
Banking royal commission to examine 'limited’ compensation scheme of last resort for bad advice Australian Financial Review Dec 28 2017 11:50 AM Alice Uribe   The federal government says its banking royal commission will consider whether there is a need for a last-resort compensation scheme for victims of bad financial advice, despite financial services industry resistance. An independent review of the country's external dispute resolution scheme, chaired by Professor Ian Ramsay, last week released a supplementary final report recommending a "limited and carefully targeted" compensation scheme of last resort should be established, initially restricted to financial advice failures. Financial services minister Kelly O'Dwyer said the government would not respond to the report until the royal commission had concluded, as key elements of it were earmarked for investigation by the Kenneth Hayne-led commission. "The royal commission will examine many of the issues that have been considered as part of the supplementary Ramsay...
Last modified on
Hits: 278 0 Comments
Rate this blog entry:
0
Continue reading
NAB fires 20 bankers over 2300 cases of loan fraud   Two years on and the bank is ready to remedy affected customers.   What is really going on as peel back the layers of propaganda.   BFCSA Members know that 55% of all unaffordable loans were written by bank managers and staff.  45% written by broker agents: banks denied for a decade that the brokers were agents of the bank and paid by the bank.    Secondly, every loan applicati0n in Australia was hand written or typed by the sellers (agents and managers).  NO-ONE was/still is permitted to fill out their own forms.  Banks seem to think this happened in 2013 and suddenly they claim they are Columbus on this fake journey of discovery!!  Banks invented this system with good reason: to HIDE THE FRAUD that the Bankers had pre-engineered.  The sellers had no idea the Tracker was being manipulated…………………..that’s for...
Last modified on
Hits: 309 0 Comments
Rate this blog entry:
0
Continue reading
BFCSA: Another Michael West classic expose: Either man invents time travel or CBA is up to its old tricks: Either man invents time travel or CBA is up to its old tricks Posted by Michael West | Dec 30, 2017 | Featured, Finance https://www.michaelwest.com.au/either-man-invents-time-travel-or-cba-is-up-to-its-old-tricks/   Surely not another Commonwealth Bank scam: surely not on top of Austrac, Libor rigging, Comminsure and Financial Services Boiler Room Inc. Surely, they are not gaming the regulators by switching customers out of investment property into “owner-occupied” homes. The Twitter feed published below shows an investor, Bobo, asking the bank if he can switch his three investment properties into owner-occupied homes with just one phone call. “Hi Bobo, you should be able to do this all on the one call,” tweets the friendly operator. Unless, however, Bobo has the transcendental skills to credibly claim that he can live in three seperate houses at the same time – or Bobo is perhaps at...
Last modified on
Hits: 235 0 Comments
Rate this blog entry:
0
Continue reading