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Aussie Home Loans CEO, James Symond, warned that more people may be deprived of their own homes if banks strengthen their access to credit
last year Mr Symond said more Aussie customers were dealing with getting out of the banks 'lending policy, which has increased their review of customers' living expenses.
James Symond
Photo: Fairfax Media
While minimizing the risk of rising interest rates, Symond pointed out that the real estate market remains globally reasonable. An increased crackdown on bank loans could effectively prevent some consumers from withdrawing from the market.
"I hope everyone will look at it very carefully, because I see a credit market tightening a lot, real lot. And if we see it tighter, I think you're not going to get it. may not have the desired results, "he said in an interview with Fairfax Media.
" You could get en mbade a whole bunch of people who can not simply no longer afford a home, a point.The big banks are concerned.They are tightening their credit policy because of the risk, the regulation and the royal commission, and the tone of the market today. "[19659009]
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