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Is the government’s soon to be held Home Lending Practices Inquiry a genuine initiative into reviewing home loan lending or just a reaction to sustained media attacks on the non-bank sector? Mortgage Business investigates.
Lending credit standards, mortgage defaults, foreclosures and assistance strategies for struggling borrowers will all be put under the microscope in Canberra next month in a bi-partisan led inquiry. The non-bank sector has recently been scorched by the papers over these issues and can expect to be a central point of discussion at the roundtable event.
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