I Hate the Banks.com.au
The Sydney Morning Herald recently commissioned a study into bank overcharges. They checked over 200 bank statements form 18 different lenders and found that 54% of them contained errors. Not too surprisingly, the vast majority of these errors favour the lenders.
The Human Race Matt Norman 25 Jun 2012
To all of those people that I speak to on a regular basis about Bank Fraud, No justice, securitisation, Lo-doc home loan crimes etc then the cure has been found. For those who are sick and tired of a banking system that lie to steal your home, that lie to media and that get backed up by the corruption happening in our courts then this is a one litre bottle of BANK ANTIVENOM that you should share with every person who has a mortgage. National Australia Bank have fraudulently been allowed to get away with massive criminal fraud for years because of their own greed. It stops now. The CURE HAS COME!!
Courtney Trenwith The Age May 23, 2012
Legal Aid has expanded its services to assist mortgagees in difficulty, negotiating with lenders to be more flexible by waiving, reducing or delaying the debt.
Eric Johnston The Age May 12, 2011
Commonwealth Bank's decision to aggressively grow its mortgage market share at the height of the financial crisis is starting to cause indigestion after it revealed an increase in the number of housing loans starting to turn bad.
by: Phil Jacob From: The Daily Telegraph May 04, 2012 12:00AM
MORE than 30,000 Australians will remain under serious mortgage stress after two of the Big Four banks failed to pass on the Reserve Bank's 50 basis point interest rate cut to customers.
Jacob Greber, George Liondis, and John Kehoe UPDATED: 03 May 2012
Home owners look set to miss out on about a third of this week’s larger-than expected central bank rate cut after National Australia Bank dropped its variable mortgage rate by 0.32 of a percentage point and Australia and New Zealand Banking Group blamed higher funding costs for hurting earnings.
By Adam Smith | 24/04/2012
Home loan customers may have been hammered by the banks, but term depositors are still reaping rewards.
Ruth Liew - PUBLISHED: 24 Apr 2012 00:03:56 - UPDATED: 24 Apr 2012 08:06:17
Mortgage enquiries have increased for the first time since 2009, a trend fuelled by the rapidly growing number of people seeking better home loan deals.
George Liondis - PUBLISHED: 7 hours 31 MINUTES AGO - UPDATE: 2 hours 15 MINUTES AGO 23 April 2012
Aussie Home Loans executive chairman John Symond has hit out at Treasurer Wayne Swan, saying government policies had made it tougher for smaller mortgage providers to compete with the big banks.
Noel Whittaker April 14, 2012 The Age
You got word from your bank today announcing that your variable mortgage interest rate was going up. What could be wrong with shopping around and finding a better deal? Isn't that what savvy borrowers do? Seems very tempting.
