Brokers 'urge buyers to lie for home loans'
Story date: 2007-08-24 07:47:00
Added on: 2007-08-24 11:35:04
This is Money - Mortgage brokers are encouraging prospective homeowners to lie about their income in a bid to secure massive loans, it is claimed. The Citizens Advice Bureau's warning came after a care worker who earned less than £6,000 conned two mortgage ...
Read more...
Related Stories:
-
Mortgage brokers urge customers to lie about salary to get huge home loans (Daily Mail)
Mortgage brokers are telling customers to lie about income to get a loans, a shocking investigation revealed today.The damning probe discovered salesmen...
2007-09-25 07:33:00 -
Brokers pushing ‘unaffordable’ loans (The Herald)
Some mortgage brokers are offering people home loans that they know are unaffordable, a City watchdog said last night. A number of...
2007-11-26 04:04:36 -
Wachovia Says Golden West Doing OK
Forbes - ... Corp.'s $24 billion purchase last year of one of the country's largest mortgage ... making home loans through...
2007-08-23 05:14:00 -
Dodgy loans help at hand
News.com.au - ... for resolving credit-related disputes with COSL's nearly 8000 member brokers, non-bank lenders, originators, and mortgage ... I have...
2007-12-22 10:49:00 -
Mortgage Broker Mojo (Columbia Journalism Review)
On Tuesday the Center for Responsible Lending dropped an interesting study that highlighted the role of mortgage brokers in the subprime debacle....
2008-04-10 09:04:42 -
Rolling the dice on subprime loans
San Gabriel Valley Tribune - Others had high enough credit scores to qualify for conventional loans, but were enticed by brokers to...
2007-12-06 02:58:00 -
Analysts lower estimates on U.S. brokers
Reuters - Loans to companies with junk ratings and loans to help finance leveraged buyouts have become increasingly difficult to refinance or...
2007-08-30 10:20:00 -
Mortgage brokers set to benefit
Age - The Mortgage Broker Survey 2007 says brokers will be originating half of all loans in three years, and this will...
2007-10-02 06:49:00