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Bank of Melbourne admits 'error' on foreign buyer clampdown

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Australian Broker | 18 May 2016, 07:31 AM Agree 0
Bank of Melbourne has admitted to an error regarding tougher lending conditions for foreign borrowers
  • OzBoy | 18 May 2016, 09:27 AM Agree 0
    Yep this is pretty typical of BoM's modus operandi, they don't know their own policies nor how to communicate them. If they are going back to 90% to get market share it confirms that they are not meeting their goals and are now desperate for business or is that bonuses.
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