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
630628

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!"

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.

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
Subscribe to this list via RSS Blog posts tagged in consumers fight back
An initiative of BFCSA (Inc) - Why not drop by soon?  What is your mortgage distress story? You are very welcome to share your experiences and "let it all out" (and it goes without saying, be civil and calm at the same time).  Actually, writing your own story at Mortgage Distress SOS could be great therapy for you, and at the same time, assist other Aussies who are facing similar challenges.   to check it out Click on this link https://www.facebook.com/MortgageDistressSos...
Last modified on
Hits: 2042 0 Comments
Rate this blog entry:
Continue reading
Greg Medcraft is presiding over a basket case regulator.  He could well be the reason for the escalating high turn-over of staff at the Australian Securities and Investment Commission.  Decent people loathe having to work in a corrupted work environment.....they will simply move on.  Consumer complainants now realise that their cases are being dealt with in a slow manner but by "nice caring people" and then those people leave and another takes her/his place.  The complainant is told investigation into their case has to start all over again.  Shortly after its CASE CLOSED. My guess is there will be a mountain of submissions lodged with the soon to be opened Senate Inquiry into ASIC.  Submissions accepted after 8 July 2013. I have kept a library full of stupid response letters from ASIC to consumers and RECA, dating back to 1998.  We will be releasing those shortly as an additional Breaking News...
Last modified on
Recent Comments - Show all comments
  • doyla66
    doyla66 says #
    Greg Medcraft doesnt just need to be sacked but fined for his apathy.
  • doyla66
    doyla66 says #
    It sounds like you would do a great job. Plant a BFCSA member inside ASIC with wires. I can see you lasting a week at least, befor
  • doyla66
    doyla66 says #
    Thanks, Maria. I just thought I might make some pocket money and do some good at the same time. At least until ASIC is shut down .
  • doyla66
    doyla66 says #
    How hard is it to get a job at ASIC assessing these cases? What qualifications are needed for the job? Does anyone know? Are th
  • doyla66
    doyla66 says #
    Lisa, RBA/Treasury-headhunter's footnote; precursor-- "only mates of PM & 30bank$ters need apply", and have a nice day :-)
Hits: 4085 12 Comments
Rate this blog entry:
Continue reading

Posted by on in COURTS & LEGALS
DOZENS of investors have arrived at the Federal Court in Brisbane for a hearing into the collapse of Storm Financial. Storm's clients, many of them retirees and small investors, lost about $3.6 billion when the Townsville-based financial services company folded. The Australian Securities and Investments Commission (ASIC) is pursuing two banks - Macquarie Bank and the Bank of Queensland - seeking compensation and orders for them to improve their standards. The ASIC recently made a deal with the Commonwealth Bank over the matter, guaranteeing a total of $270 million will be made available to customers who invested through Storm Financial. Investors have also launched a class action against two of the banks. The hearing is expected to run until the end of the year. Full Story...
Last modified on
Recent comment in this post - Show all comments
  • doyla66
    doyla66 says #
    Just which bank? was it who posted a profit of greater than $5 billion? Hmm - and they only settled for how much? Oh, that's right
Hits: 1600 1 Comment
Rate this blog entry:
Continue reading