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
639840

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 Senator Cormann
This is worth listening to - 4 suicides per week as banks move in and foreclose and on-sell properties to investors........not something widely reported in the media of course............   Monday November 24, 2014 http://www.2gb.com/article/alan-jones-bob-rob-katter     Alan Jones talks to the federal and Queensland MPs about the devastating impact on farmers of drought and bank behaviour   Bring on the ROYAL COMMISSION into the BANKING SECTOR: Why are MP's not talking about the dastardly FINANCIAL PRODUCTS created by the big bad four banks?  Planners and Brokers were the employed "sellers" of bank products. "Faulty deceptive products designed and manufactured by crooked Bankers.   Its the Financial Products stupid!"   Senator Cormann and cronies should hang their heads in shame.  The Senator has been fully briefed on this issue and still peddling nonsense re financial "advice."  The Bankers invented the bad advice as a CARTEL.   Its the mortgage loan products that are...
Last modified on
Recent Comments - Show all comments
  • Wayne
    Wayne says #
    How much evidence do you have shove under the noses of politicians to prove the point. what 12 to14 years of evidence Haaa what a
  • organza
    organza says #
    I think we all well know what is being covered up. The truth being regulators are now clueless re what to do about the big mess t
  • NABbed Nanna
    NABbed Nanna says #
    The truth will come out. The Banks will fall. Us small consumers and business owners are not stupid. We know when we have been
  • Wayne
    Wayne says #
    It's White Collar Crime, They are all in it together...They all know whats going on. Look at the country, the news every day, Bank
  • Duped
    Duped says #
    I think that the majority of politicians are just plainly stupid and of the old belief that the banks would not do wrong. We have
Hits: 1840 5 Comments
Rate this blog entry:
Continue reading
http://www.smh.com.au/business/the-economy/three-banks-to-float-medibank-private-20140417-36tjp.html   April 17, 2014 - 12:38PM Anthony Macdonald The federal government has appointed Deutsche Bank, Goldman Sachs and Macquarie Capital to float private health insurer Medibank Private, after receiving pitches from 11 investment banks.  In a statement on Thursday, Finance Minister Mathias Corman said the three banks would be responsible for managing Medibank's initial public offering, including both the retail and institutional offers................The appointments come after eleven investment banks pitched for the joint lead manager roles in Canberra last week. Independent adviser Lazard, law firm Herbert Smith Freehills and Ernst & Young, who prepared a recent scoping study for the government, also had their contracts extended through to the time of the sale.  The government said other banks may be appointed as joint lead managers in the future, along with retail brokers. Read more: http://www.smh.com.au/business/the-economy/three-banks-to-float-medibank-private-20140417-36tjp.html#ixzz2z8t5RQQc...
Last modified on
Hits: 1559 0 Comments
Rate this blog entry:
Continue reading
TO ALL MEMBERS AND THEIR FRIENDS AND FAMILIES and the wider long suffering Public Please send urgent message out:   Senator John Williams (NATs) Senator Doug Cameron (LAB) Senator  Mathias Cormann (LIBS) Senator Christine Milne (Greens)  Where are all the other Senators that belong to the House of Review – OUR SENATE?   It is vital that every BFCSA MEMBER WRITE to the above SENATORS via LETTER OR EMAIL and tell them your views:-   BFCSA MEMBERS DEMAND AN URGENT INQUIRY INTO THE AUSTRALIAN SECURITIES AND INVESTMENT COMMISSION The Inquiry to commence immediately and why......... ASIC was sitting on an enormous SUB PRIME LENDING scandal....WHY?   Why did ASIC ignore FULL DOC AND LOW DOC Sub Prime Lending Products for so long?  Why did ASIC fail to protect Consumers?   Why did ASIC ignore illegal Managed Investment Schemes and fail to protect retirees from predatory selling practices? Why did ASIC fail to protect...
Last modified on
Recent comment in this post - Show all comments
  • doyla66
    doyla66 says #
    I hope everyone is sending in their letters. No point just a few people doing it, that's not going to have much of an impact. The
Hits: 2100 1 Comment
Rate this blog entry:
Continue reading
Adult guardianship
FOS now recognise "mental illness" as a category on their application form. Does this entitle complainants to additional assistance or other concessions during the dispute resolution process? Should being a mental health client entitle complainant borrowers to demand better or more appropriate conduct from Bank staff - either during the dispute negotiation or even as a component of their complaint? Should Banks and other lenders be disciplined by FOS for the impact of their conduct on the health and well being of disabled borrowers? FOS Accessibility Guideline - fos.org.au/public/download.jsp?id=17940 (download) FOS Helpful Links - http://fos.org.au/centric/home_page/resolving_disputes/helpful_links.jsp Mental Illness - search results - http://fos.org.au/centric/home_page/search_results.jsp?orderby=rank&rpp=10&rst=all&str=mental+illness&type=and&xcid=181 It would be very interesting to know whether complainants are ticking the box for Mental Illness and if so how many ie what percentage.  Also what does FOS define as Mental Illness - do complainants require proof from a medical practitioner?      The following ABC Radio Program is...
Last modified on
Hits: 1608 0 Comments
Rate this blog entry:
Continue reading
At the Senate Estimates Hearing last week ASIC were asked whether they were signatories to the Australian Standard for Complaints Handling. ASIC took this as a question on notice! What's hard about that question? ASIC also helped create the Standard!   Some background to this question: Commonwealth Ombudsman: Better Practice Guide to Complaint Handling (2009) Australian Standard for Complaints Handling (extract) http://www.saiglobal.com/PDFTemp/Previews/OSH/AS/AS10000/10000/10002-2006.pdf http://www.standards.org.au/Pages/default.aspx...
Last modified on
Hits: 1735 0 Comments
Rate this blog entry:
Continue reading