Non-bank lender (160 items)

Aussie late to responsible lending

Aussie Home Loans did not have "a formal … responsible lending policy" until a couple of weeks ago. AHL's chief financial officer Giles Boddy confirmed an account of slipshod compliance culture, frequent fraud and a dash to clean up the broking business' act - or surrender its reputation - while giving evidence to the Royal Commission into banking misconduct on Friday. read more

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