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Instant Loans News

Mortgage Brokers Cop Caning

Thursday March 27, 2003
Australia's burgeoning mortgage broking industry is not properly regulated, some brokers perpetrate fraud and others give poor advice, a report commissioned by the companies watchdog has found.

Mortgage Shoppers At Risk: Report

Thursday March 27, 2003
A report on the mortgage broking industry has found up to half of home loans are sourced through intermediaries, but a regulatory vacuum means consumers are falling prey to excessive fees and unscrupulous practices.