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Lender collapse puts investors at risk

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Your Investment Property | 29 Oct 2012, 04:48 PM Agree 0
An Australian financial group has been labelled “insolvent or likely to become insolvent”, with $660m of investor funds being put at risk
  • Dominique | 30 Oct 2012, 12:07 PM Agree 0
    My question is, what will happen to those people who have a mortgage with Banksia? Will they have to continue to repay their mortgages?
  • Howard | 30 Oct 2012, 06:31 PM Agree 0
    that's the problem, the people haven't been paying their mortgages! But yes, they still legally need to pay.
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