ASIC has taken aim at two payday lenders, alleging they have shirked responsible lending obligations
The third broker to be punished in less than a week is a former NSW-based mortgage broker, convicted of falsifying loan application documents to secure almost $3.8m worth of home loans
A former finance broker has been convicted of two fraud charges after stealing the identities of her clients
A broker has been permanently banned from the profession after she was jailed for fraudulently getting her clients over $9 million worth of home loans
Brokers should not be upset when their profession is splashed across headlines for all the wrong reasons because of rogue members, ASIC deputy chair Peter Kell said
Immediately after his bittersweet dual announcements at the MFAA opening address, Australian Broker was able to grab an exclusive interview with Phil Naylor.