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Secret RBA docs predict NCCP broker fallout

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Australian Broker | 25 Oct 2011, 06:00 AM Agree 0
Previously confidential RBA documents have revealed the central bank believes the NCCP will put further pressure on broker market share
  • broker | 25 Oct 2011, 10:33 AM Agree 0
    Yep they decline broker loans and then call the clients direct and offer them a loan! Good work MFAA looking into this.
  • Perth Broker | 25 Oct 2011, 11:53 AM Agree 0
    Regarding the comment above. Absolutely. Have a dealheer where one of the big 4 said now and then we find out lately somehow there had been contact and the bank aproved clients loan.

    When questionned on it all we get is them going to ground and fluffy non commital replies.
  • Ozboy | 25 Oct 2011, 01:28 PM Agree 0
    Hey Perth Broker what did your aggregator say? Did they follow up the lender?
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