At Australian Broker, we love a bit of healthy discussion, which is why we honour our favourite comment each week with a lofty little title. Drum roll please...
This week's top comment came after ASIC revealed a slew of permanent bans and convictions
related to falsifying loan documents and applications. The regulator revealed it was investigating 20 cases of falsifying loan documents
and vowed to crack down on "rogue" brokers.
While reader Positive Broker was supportive of ASIC's stance, he echoed the sentiments of many others with regard to lender responsibilities.
"We should applaud ASIC in this regard. As an honest broker I have zero sympathy for anyone who jeopardizes the integrity of this great industry. I also agree with Dave, they need to keep an eye on the mobile lenders and business managers out there to make sure they operate to the same high standards as the broking fraternity."
Thanks to everyone who contributed comments over the last seven days and keep an eye out next Friday to see if you're the author of Australian Broker's next top 'Comment of the Week'!