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6 BEDROOMS 8 BATHROOMS 9,488 SQ. Read full article…
COSL has denied claims by the MFAA of a growing trend of borrowers filing financial hardship claims to “buy time”.
The comments come following Credit Ombudsman Raj Vengas testimony to the Parliamentary Joint Committee inquiry into the proposed NCCP amendments. Venga spoke in support of amendments to the NCCP requiring lenders to respond to hardship applications within 21 days, and to suspend enforcement action until they had informed delinquent borrowers whether or not they would vary payment terms. Read full article…
Tags: Time, Time Disputes
The top of Forbes list of America’s most stressful cities is unsurprisingly populated by crowded megacities like Los Angeles—for its horrible traffic—and New York—with the highest cost of living. We have to admit that San Diego, with its warm climate, was one of the last places we’d expect to end up at number five. But despite the nickname “America’s Finest City,” San Diego’s high unemployment rate, elevated cost of living, ozone levels, and sky-high real estate prices make it seem a lot less enjoyable than it looks. Now, the price tag on this seaside mansion, $13.5M, is almost enough to induce a coronary all by itself, but the beachfront location and spectacular ocean views make it all worthwhile, provided the next owner gets a proper interior designer to redecorate.
↑ The high price of comfort is just as apparent in our nation’s capital. This Tags: Cities, Stressful Cities
DetailsAddress:1232 Stonesthrow CrType:ResidentialBedrooms:4Bathrooms:2Garage:2, DetachedSize:1,760 sq. ft.Lot Type:RectangularLot Size:9,002 sq. ft.Year Built:1994Taxes:$1,086.00 USDMLS:1158061DescriptionWONDERFUL SINGLE STORY HOME ,4 BEDROOM 2 BATHROOM. 2 CAR GARAGE. GREAT SIZE LIVING ROOM WITH PLENTY OF SPACE.SEPARATE FAMILY ROOM WITH FIREPLACE. KITCHEN HAS SOLID COUNTER. THERE IS ALSO PLENTY OF CABINET SPACE. DINING ROOM IS SEPARATE. MASTER BEDROOM IS SEPARATE WITH WALK IN CLOSETS. MASTER BATH HAS DOUBLE SINKS,AND TUB/SHOWER COMBO.
The MFAA has echoed warnings from Gadens Lawyers about the use of the term “independent” in describing the services provided by mortgage brokers.
An amendment to the NCCP released last week has dictated that mortgage brokers cannot describe their services as “independent”, “impartial”, “unbiased” or any other term with similar connotations.
Among the guidelines introduced by the MFAA were restrictions on advertising independent, impartial or unbiased advice, promising the “best deal”, using the term “guaranteed”, advertising free services if the consumer incurs any costs or sacrifices any benefit or making subjective statements.
In spite of the MFAA guidelines, an online search by Australian BrokerNews revealed more than a dozen broker businesses - including MPA Top 100 Brokers – using the terms in their marketing copy.
“If that is the case I am surprised,” Naylor said.
Tags: Brokers, Brokers Still