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BFCSA
MORTGAGE
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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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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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Bubble Economics: Australian Land Speculation 1830 – 2013, has been published through the World Economics Association website, at http://www.worldeconomicsassociation.org/books Just click on the link.............. You need to read this AMAZING REPORT by Philip Soos & Paul Egan and in particular: The chapter on fraud “3.6 The Emergence of Fraudulent Mortgage Lending” can be found on page 621 - 660 If you are a victim of Mortgage Fraud by Bankers, professional academics are writing books on Australian Mortgage Fraud - the one that ASIC has been in denial over for fifteen years!   Remember the porkie pie that ASIC told the Australian Parliament  8 August 2012 and again in Feb 19, 2014:  "No systemic issues in Mortgage Fraud", weeks after receiving the EDR reports to say complaints against the Four Major Banks had increased dramatically the previous five years!   Bubble Economics is a sound historical look at bubbles and land speculation...
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Transformation- Posted on Thursday, March 20, 2014  One of our readers:   People like Jon Denovan who have the benefit of both EDR/COSL experience and Law like to soften down the nasties of life - like Fraud, lying, common thievery. Many lawyers are like this. eg The 127 Law Firms involved in The Solicitor Mortgage Scams of the 90's and yes, ASIC did nothing, and $2 billion in losses.   Their justification? Conflict is expensive to client and so is court. Reality? They're of the breed of Australian men who get rattled by conflict and disputes and like life to run smoothly to their tastes and their benefit, of course. Push them hard enough and they can be quite nasty, but they will patronise you to death in the meantime, refusing to take you seriously. That's also why it takes so much effort to get some politicians to take this seriously...
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  • doyla66
    doyla66 says #
    All one needs do is watch the ABC video link of last night's lateline business to know it was another smokescreen interview by ASI
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AUSTRALIA NEEDS ONE BANK EMPLOYEE WHISTLE-BLOWER:  Just one DECENT SOUL with a conscience.  YOU KNOW what was going on.  What if it was your parents? Just send us your "insider" emails - one would be sufficient to blow the LOW DOC MORTGAGE SCAMS out of the vaults. No-one deserves to work 25 years to pay off their home and then have it stolen.  No young person needs to be stitched up with a 120% LVR loan and pay twice the price of rent and then find five years later the loan has imploded and they are back out renting.  No-one deserves to be ripped off by Banksters in Australia.  NO-ONE.  Your home is the biggest asset you will ever purchase in your lifetime and yet there is no consumer protection for Australian families. Yes there are laws but NO-ONE is policing the banking and finance industry.  The regulators and Politicians believe in...
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  • doyla66
    doyla66 says #
    I suspect the reason we've had to put up with some cruddy treatment is that everything was supposed to be handled quietly. Our pol
  • doyla66
    doyla66 says #
    Lisa: THe ENd GAme: Explosive," It was like replacing bank vaults with roulette wheels" dismantle Glass-Steagall Act, the "safety-
  • doyla66
    doyla66 says #
    Bearing in mind that we're coming up an election and a lot of dirt gets thrown to sway voters ... some clues as to our treatment b
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