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ASIC forces a $3m refund to mortgage customers

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Australian Broker | 20 Jul 2012, 07:20 AM Agree 0
ASIC has forced RHG Mortgage Corporation to refund over $3m in discharge and termination fees to mortgage customers
  • Scott Beattie | 20 Jul 2012, 10:40 AM Agree 0
    What about clawbacks that resultes from clients refinancing due to their excessive rate hikes??
    Not going to happen, but in a perfect wold.... :)
  • Glenn Haigh | 31 Aug 2012, 04:41 PM Agree 0
    ASIC findings on RHG fees for Discharge and Termination of mortgages unjust(see article 20/7) resulted in refunds but unfortunately only to regulated loans, unregulated loans not included, surely these fees are "unjust" for the investors as well, who will stand up for them.
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