ASIC targets Chinese language home loan advertisements

By Georgia Wilkins
Updated June 30 2016 - 6:18pm, first published 5:18pm
ASIC said companies made claims that were potentially in breach of responsible lending rules and included possible false and misleading statements.
ASIC said companies made claims that were potentially in breach of responsible lending rules and included possible false and misleading statements.

The corporate regulator has taken action against four mortgage brokers accused of making misleading statements in Chinese-language home loan advertisements.

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