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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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Kill negative gearing to calm housing market, says Saul Eslake The Economy September 29, 2014 http://www.smh.com.au/business/the-economy/kill-negative-gearing-to-calm-housing-market-says-saul-eslake-20140930-10nr84.html A leading economist has called on Canberra to put an end to negative gearing for new investors as the best way to dampen frothy property markets in Sydney and Melbourne.  In its Stability Review released last week, the Reserve Bank of Australia pointed out that strong demand by investors means that investor housing loans now account for about 40 per cent of all home loans.  The RBA also said for the first time it was working with the Australian Prudential Regulation Authority (APRA) on "additional steps" to reinforce safe bank lending, particularly for lending for investors.  With investor demand surging, and steep rises in Sydney and Melbourne property prices, RBA governor Glenn Stevens last week noted it was "perfectly sound and sensible to ask ourselves whether we might at least lean on that a bit."...
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http://usawatchdog.com/zero-prosecutions-of-elites-for-most-destructive-frauds-in-world-history-william-black/   Zero Prosecutions of Elites for Most Destructive Frauds in World History-William Black By Greg Hunter On March 31, 2014 In Economy   By Greg Hunter’s USAWatchdog.com White collar crime expert Professor William Black thinks the nation’s top bankers continue to get away with massive financial crime. The most recent $10 million fine of former Bank of America CEO Ken Lewis for fraud illustrates the ongoing problem. Professor Black says, “He’s not paying $10 million. Bank of America is paying the $10 million. So, he could care less, and he didn’t have to admit anything. And, unlike the typical Securities and Exchange settlement, he didn’t have to agree not to disparage the settlement. So, immediately he disparaged the settlement as a bunch of junk that wasn’t true. . . . In this case, the fact came out that Lewis testified, the subject of this complaint was allegedly securities fraud at hiding...
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