Tag: housing market

Banking & Finance

Legal

Defusing the ‘mortgage debt time-bomb’

The Australian financial marketplace is not short of legislation to protect consumers from predatory or irresponsible lending practices. The National Consumer Credit Protection Act 2009 provides a comprehensive set of legal guidelines requiring lenders and brokers to make reasonable, verified enquiries to ensure that consumers can comply with their financial obligations if the loan is…

9 Nov 2018, by Amy Sarcevic