Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Big bank boss denies lowered lending standards, but urges caution

Notify me of new replies via email
Australian Broker | 13 Nov 2013, 05:00 AM Agree 0
A high level banker at one of the big four says there's little evidence that banks are lowering their lending standards - but warns caution is needed
  • Denise Brailey BFCSA (Inc) | 13 Nov 2013, 10:26 AM Agree 0
    Mr Hartzer needs to contact me urgently and allow me to show him 00's of files all based on lowering lending standards and many from Westpac. None so blind I guess. If there were no problems internal to the banking system, then why are people coming to me for help?
  • Country Broker | 13 Nov 2013, 10:39 AM Agree 0
    Are the LMI'S dropping they standards fore deals over 80% LVR not a chance
Post a reply