GLOBAL SUB-PRIME CRISIS

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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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Govt forced to table FOFA regulations Thursday, 10 July 2014 | Tim Stewarthttp://www.investordaily.com.au/35868-cormann-forced-to-table-fofa-regulations?utm_source=ID&utm_campaign=ID_Newsflash&utm_medium=email        Today's News Govt forced to table FOFA regulations Disallow FOFA regulations, urges ISA Opposition calls for another advice inquiry YBR acquires mortgage manager Litigation law firms on the prowl Chinese growth to slump: BlackRock     inShare5   Labor has successfully mustered the numbers to force the government into tabling the regulations that amend the FOFA regime. Labor won a Senate motion to order the government on the production of documents regarding the Corporations Amendment (Streamlining Future of Financial Advice) Regulation 2014, with 33 votes to 29. Voting with Labor and the Greens were Australian Motoring Enthusiast Party Senator Ricky Muir, Democratic Labour Party Senator John Madigan, Palmer United Party Senator Jacqui Lambie and independent Senator Nick Xenephon. The regulations were registered with the Governor-General late last month and have been in force since...
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