NCCP for small business divides pundits
The mortgage broking community is divided over calls for the expansion of the National Credit Code to protect vulnerable small businesses
Brokers divided over calls for NCCP expansion
Calls for the expansion of the national credit code to protect small business have been met with a mixed reaction. We speak to Ken Sayer or Mortgage House and Ranjit Thambyrajah of Acuity Funding for their arguments for and against the proposal.
AB issue 9.20
Vaughn Richtor; Axe to grind: Protect small business; Analysis: Building the new BDMs; Caught on camera: Bankwest
Stretch credit code to cover small business: Sayer
Mortgage House CEO Ken Sayer has claimed the national credit code should cover self-employed mum and dads, who he says are at risk from banks who promised to support them
TV: 'Overkill' evident in bank low-doc backdown
Brokers have labeled bank reticence to write low-docs as an example of a knee-jerk reaction in an exclusive Australian Broker TV report
Post GFC: Brokers say banks "extreme" on low doc borrowers
Brokers say banks' requirements for non-conforming home loan applicants are too extreme. We speak to Ken Sayer of Mortgage House and Moshe Moses of Niche Financial Group for their thoughts on low doc loans in the wake of the GFC.