Earlier this week, chief mortgage broker rentier, Aussie John Symond, “urged the government to intervene to ease the pressure on banks over how stringently they must check customers’ living expenses” because borrowers were supposedly running scared:
[Symond is] pushing for regulators to take a more “realistic” approach to banks.
“I think regulators are going too hard. I think government’s got to get involved and say that look we just want to have responsible lending”…