AGENTS OF THE BANKS known as BROKERS became the ultimate whistleblowers on Crime of the Century: Australian Bankers Scandal. Banks set out to STEAL HOMES then allow the Banking Institutions to collapse under weight of DEBT owed to the Wholesalers.
Mark Bouris is right: Brokers never approved the loan. Banks approved loans by using secret and hidden computer generated fudged income projections on EVERY file. Fraud is in the approval process and 20 Judges agree!! In any case, the Broker is agent of the Bank. So if it was the brokers writing loan forms, then a loan like this would NEVER have been written by a branch??? Just who is yanking my chain? Bank staff (managers and officers) wrote up the mortgages on the same forms and the same way using the same BANK FUDGING COMPULSORY SERVICE CALCULATOR and in greater numbers aka 55% of all mortgages are written by internal bank staff.
All these loan approvals are potentially TOXIC and all are fraudulent and, all were APPROVED BY THE BANKS. The Australian Mortgage Fraud Scandal is a BANKERS SCAM coming from the TOP CEO downwards. The people who lost the most? Over three million bank borrower customers - lost their homes businesses and farms their integrity their families and in some cases their lives. The big winners were the CEO's who collect an average $200 million five year package and then scarper like rates up a drain pipe. Notice how these monsters publicly blame customers and sellers. Notice how our regulatory clowns suggest: "our job is to not assist consumers but simply monitor the banker Tsunami and report once a month to Government and pick up a million dollar salary, plus perkies."
Sellers had no idea this was a fraud and no idea it was against the law for bankers to APPROVE these loans. The Sellers had 30 hours of training in "filling in forms." Sellers were set up like bunnies to take the rap WHEN things unravel.
The first ones to blow the whistle on Banks are BFCSA Members as they are taught what to look for in their own files. That is when they really cried out when they realised just who is at fault. Bankers wanted 'stupid' customers (known at top level as "punters") to then blindly blame the sellers. Well the info trash no longer works for the evil BANKSTER MOBSTERS!!!
BFCSA Members will not swallow PROPAGANDA. The Propaganda tactic is used by enemies during wars. This is CONSUMERS vs BANK WARFARE. Sellers joined BFCSA and asked that I help their own families. The bank scandal jigsaw pieces fell into place. No foundation stone was left unturned. We were all on a mission to expose these crimes. We all came together as one during 16 years of research. Banks continue to blame both sellers and customers. We fought back in the mainstream Media, in Parliament, from our lounge-rooms, via Facebook the BFCSA website and via 2000 or more laptops. We attended Senate Hearings and gave evidence. Truth is powerful weapon against all those on high salaries who attached themselves to the cover up.
We are demanding the TRUTH and thanks to all those decent SELLERS who had the courage to contact me and spill the beans on what was going on. For years the sellers, acting as Bank AGENTS had no idea the product was toxic....they sold this evil product to their own families! Banks encouraged them to practice on your parents first!!! They asked their banker BDM employers is the using of "projected" incomes legal? Banks responded: "Oh yes indeed, trust us: Gadens our lawyers have been all over this paperwork with a fine tooth comb. We Banks would never do anything to hurt customers. This financial strategy is developed for BEST INTERESTS of customers. People TRUST OUR BIG NAME and have confidence in our strategies." Haha Haha........................
Bless our Sellers who became vital and courageous whistleblowers when they started to get worried. Those vital seller stories (even from managers) allowed me to dig deeper and discover the Mechanics of this fraud. The more we dug deeper into the crime of the century: BANK ENGINEERED MORTGAGE FRAUD, the greater we could judge for ourselves the depth of depravity of this lending situation. So much truth to be told in place of the regulatory lies and smoke screens...................How the Banks engineered the serviceability calculator and who gave the Bankers the "Green Light."
Denise Brailey #BFCSA#BankRC#ElectionNow
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