Mortgage fraud: $500b of 'liar loans' in Australia, warns investment bank UBS

Banks

Four Major banks in Australia Source: Supplied

Up to a third of Australian mortgages could be "liar loans" based on factually inaccurate information, investment bank UBS has warned.

More on the ABC website.


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By Heba Kassoua
Presented by مرحبا أستراليا من 4-7 بتوقيت سيدني وملبورن من الاثنين وحتى الجمعة

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Mortgage fraud: $500b of 'liar loans' in Australia, warns investment bank UBS | SBS Arabic