Sunday , February 24 2019

Real Estate

ANZ, Westpac find mortgages backed by dubious foreign income documents

  Bloomberg Two of Australia’s largest lenders, which tightened home loans to some foreigners, said they uncovered mortgages backed by questionable overseas-income documentation. Australia & New Zealand Banking Group Ltd. and Westpac Banking Corp. have identified issues with some loans that rely on foreign income for approval, the two lenders ...

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