Business
ASIC bans mortgage broker – Australian Broker
She cannot engage in credit activities for five years, and the credit licence of her company has been cancelled
ASIC has banned a New South Wales mortgage broker from engaging in credit activities for five years and cancelled the credit licence of her company.
Bonnyrigg Heights-based broker Nee Tanner was the sole director and responsible manager of NT Financial Services Pty Ltd (NTFS).
ASIC found Tanner was reckless in providing documents in support of home loan applications that were materially misleading; several documents she submitted to lenders to demonstrate employment or income, in support of home…
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