GLOBAL SUB-PRIME CRISIS

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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.

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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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Another website you MUST have in your arsenal for gathering information ... http://archive.org/web/web.php Browse through over 150 billion web pages archived from 1996 to a few months ago. To start surfing the Wayback, type in the web address of a site or page where you would like to start, and press enter. Then select from the archived dates available. The resulting pages point to other archived pages at as close a date as possible. Keyword searching is not currently supported.  ...
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  • doyla66
    doyla66 says #
    No worries Dawn - Glad this link has been able to help you and Lisa! It sure has helped me!
  • doyla66
    doyla66 says #
    Sorry Potabello! Why did I thank Wayne?? Thank you! I Sent the archived info off to the FOS. It probably won't do anything more th
  • doyla66
    doyla66 says #
    Wayback Machine - brilliant. Picked up legible copies of all the paperwork from the same vintage as the loans. Also lists of perso
  • doyla66
    doyla66 says #
    Wayne....you are amazing - Thankyou so much. I just Waybacked to the NAB Business Loan pages for August 2006 and have a copy of t
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NATIONALS senator John Williams has called for a royal commission into the banking sector following evidence of widespread improper lending practices during the last property boom and subsequent regulatory inaction. Senator Williams, appearing yesterday before a Senate committee into banking, attacked the corporate regulator as "gun-shy" amid claims that thousands of vulnerable people were stung by so-called low-doc loans before the global financial crisis."If only 10 per cent of what comes in to my office is true . . . we have a problem and we should have a royal commission," Senator Williams told the inquiry.His comments followed claims by Denise Brailey, of the Banking and Finance Consumer Support Association, that abuse of low-documentation loans was widespread during the the property boom and regulators had done very little to hold those responsible to account. Ms Brailey said her organisation had uncovered documentary evidence that many mortgage brokers or others in the...
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  • doyla66
    doyla66 says #
    Would they have to include the Royal Commission in the next budget or the one after? Is it something that is voted on in the Sena
  • doyla66
    doyla66 says #
    Fantstic!!!!! To the other Senators PLEASE listern to our pleas and support a Royal Commission
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