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Could the home loan application process become faster next year? What proposed changes to responsible lending could mean for home buyers

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Archived series ("Inactive feed" status)

When? This feed was archived on June 23, 2021 16:10 (3y ago). Last successful fetch was on March 25, 2021 22:24 (3y ago)

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Manage episode 273977693 series 2115267
Content provided by Jo Violeta. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jo Violeta or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The federal government recently announced proposed changes to responsible lending obligations. If you’ve consumed any media coverage on this topic, then chances are you’ve heard that it’s a bad thing. And well, I wouldn’t blame you for thinking that removing responsible lending obligations is a bad thing, I mean we all want banks to lend money responsibly don’t we?
Do these proposed changes mean that the banks are going to be throwing money at people willy nilly?
Are the most vulnerable people in out community going to put at financial risk?

In this episode, I chat with a well known finance figure here in Australia, Brett Mansfield the CEO of Buyers Choice. We’re going to give you the real deal, the unsensationalised information on:

What responsible lending means
The proposed changes
How the proposed changes could affect people looking to borrow money (for a home loan for example) and the flow of credit

Follow Brett Mansfield and Buyers Choice

Follow the Dream Home Movement

Follow Carl and Jo Violeta
  continue reading

90 episodes

Artwork
iconShare
 

Archived series ("Inactive feed" status)

When? This feed was archived on June 23, 2021 16:10 (3y ago). Last successful fetch was on March 25, 2021 22:24 (3y ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 273977693 series 2115267
Content provided by Jo Violeta. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jo Violeta or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The federal government recently announced proposed changes to responsible lending obligations. If you’ve consumed any media coverage on this topic, then chances are you’ve heard that it’s a bad thing. And well, I wouldn’t blame you for thinking that removing responsible lending obligations is a bad thing, I mean we all want banks to lend money responsibly don’t we?
Do these proposed changes mean that the banks are going to be throwing money at people willy nilly?
Are the most vulnerable people in out community going to put at financial risk?

In this episode, I chat with a well known finance figure here in Australia, Brett Mansfield the CEO of Buyers Choice. We’re going to give you the real deal, the unsensationalised information on:

What responsible lending means
The proposed changes
How the proposed changes could affect people looking to borrow money (for a home loan for example) and the flow of credit

Follow Brett Mansfield and Buyers Choice

Follow the Dream Home Movement

Follow Carl and Jo Violeta
  continue reading

90 episodes

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