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BFCSA
MORTGAGE
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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.

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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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Conflicts of interest over fees and charges lie at the heart of an ASIC inquiry, writes Ruth Williams. Date May 1, 2012  They are a crucial links in the chain of financial advice by wielding enormous influence over the products that retail investors sink their money into. Now research houses face a huge regulatory shake-up. After a string of collapses of retail investor-targeted companies that were rated highly by research houses - including Timbercorp, Westpoint, Basis Capital and Trio Capital - the Australian Securities and Investments Commission is pushing to make the sector more transparent and accountable.   (Ed:  Really?  Like pushing a pram with a gentle nudge that takes seven years?) It is a move that has been welcomed by most people in the research industry. However, it comes as one player, Standard & Poor's, is preparing to close its funds research operation, and as some of its rivals warn that...
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