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BFCSA
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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.

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BFCSA Blog

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.

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WORLD BANKERS SET UP GIANT PONZI'S - stealing homes and assets.  Fed up with wicked Banking bad Practices?  Sign our online PETITION From Gladys, our favourite researcher.  A collage of world gripped by Bank Fraud and Ponzi Scams http://www.acting-man.com/?p=32222 Housing Insanity Japanese Style: Record Number of Vacant Homes in Japan, Abe Wants to Stimulate Home Building Wednesday, August 06, 2014 http://www.dw.de/empty-property-in-eu-could-house-all-of-europes-homeless-and-more/a-17463912 A record 13.5% of all homes in Japan were unoccupied as of last October, reflecting an exodus from outlying regions of the country and a general aversion to used homes. Preliminary figures for a study on homes and land, conducted once every five years, were released on Tuesday by the Internal Affairs Ministry. The vacancy rate rose 0.4 percentage point from the previous survey. The number of empty homes grew by 630,000 to a record 8.2 million, and there were a record 60.63 million homes in all, an increase of...
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more   http://www.americanbanker.com/bankthink/morning-scan-m-and-a-double-dipping-foreign-banks-flock-to-fed-1066101-1.html Morning Scan: M&A Double Dipping; Foreign Banks Flock to Fed by Heather Landy MAR 10, 2014 Receiving Wide Coverage ... Both Sides Now: If the folks in mergers and acquisitions look discouraged today, it's probably more than a bad case of the Mondays. A Delaware judge hearing a case about the conflicts of interest that possibly arise when bankers advise both the buyer and seller in the same deal has found that RBC acted improperly when its bankers tried getting in on both sides of a 2011 merger in the health care sector. While there's been no ruling yet on damages, the Journal says the case already is a big blow to banks, while the FT more demurely warns of "far-reaching consequences." Wall Street Journal, Financial Times Wall Street Journal You know that $2.2 trillion or so that banks have parked at the Federal Reserve? Curiously, close to...
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Imagine if a large number of people all decided to rob a bank today (please IMAGINE and do not do this) and the Government decided to create NEW LAWS to suggest that this illegal act was no longer illegal and you are now all free to do this again and again? WELL THAT is exactly what our Government has done for the Banks at the expense and trauma of its own people.  The Australian Government knew for close on two decades that people were being deliberately and maliciously targeted by Ganksters acting as Banksters.......with the clear intention (according to evidence BFCSA has amassed) of stealing homes from low income families and pensioners and charging high end fees for the privilege. The Government decided on 1 July 2010 to do something extraordinary.  We had several laws in various states and also the ASIC Act, to protect consumers from KNOWN predatory banking and bad...
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  • doyla66
    doyla66 says #
    Have been jousting with a bank for some time now by exchange of letters. There are questions the bank has been asked to answer re
  • doyla66
    doyla66 says #
    Woke up this morning......... decided I will write another one either way.......and file this 2nd one away for Jan when all the me
  • doyla66
    doyla66 says #
    I wrote a submission today. Can I do another tomorrow? There is so much more I want to say. I want to tell my whole story. After
  • doyla66
    doyla66 says #
    Banking Code of Conduct are meaningless words that no banksters listen too and alot of lenders aren't even party to, so its all B/
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At last the secret of TOXIC Time Bomb Loans can be revealed.   Worldwide bad bank practice:   NO victim of Mortgage Fraud and Unaffordable Loans  received a copy of their Loan Application Form whether they were granted a FULL Doc or LOW Doc loan.  36% of loans in our recent sample are written by bank managers and NO Broker involved.  18% of all loans are TOXIC FULL DOCS. Every victims of this scandal should immediately phone their bank and demand a copy of the LOAN APPLCIATION FORM (11 pages not 3 pages) in all countries and nations affected by this Bankster driven fraud.  Our overseas callers are astounded when we ask the key question:  Do you have a copy of your LOAN APPLICATION FORM that you signed when you applied for the loan in question.  Australia is a good five years behind the GFC caused by toxicity in lending.  Yet, we are the...
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  • doyla66
    doyla66 says #
    Woohoo, Nanna! NAB were fools indeed from beginning to end. You've got the last laugh on them. Well done! Taking homes is pure vin
  • doyla66
    doyla66 says #
    The LAF is an integral part of the loan application scenario and must be signed by all applicants if the case is multiple applican
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