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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http://www.news.net/article/1667544?utm_source=outbrain&utm_medium=cpc&utm_campaign=outbrainamplify   APRA CHAIRMAN EYES BIG FOUR BANKS MORTGAGE WAR By business reporter Emily Stewart ABC Australia Friday 25 July 2014 03:45:18 PM . The country's new banking regulator has hit the ground running.  Australian Prudential Regulation Authority chairman Wayne Byres is three weeks into the job, but he is already flat out keeping an eye on the big four banks and their mortgage lending battles and reading the rule book to financial newcomer Woolworths. It is cheaper than ever to get a home loan, with three of the big four banks slashing their fixed mortgage rates this week to under 5 per cent.  But is it risky lending? That was an awkward question for the new banking regulator whilst lunching with Westpac.  "You're doing it," joked Mr Byres, referring to the fall in mortgage rates and growth in low deposit lending.  "I think competition's doing it. Competition is alive and...
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  • PreySOS
    PreySOS says #
    Banks do not deserve any benefit from illegal lending practice
  • PreySOS
    PreySOS says #
    Please help us and support victim of bank's toxic lending. Government needs to stop bank rip-offs
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