A mortgage broker testifies at the Banking Royal Commission
Channel: Banking Royal Commission
Date: 2018-05-10

[1.5] Mark Harris, a mortgage broker and director of The Home Loan Broker in Brisbane, testifies about Commonwealth Bank of Australia (CBA) withdrawing his accreditation because he wasn't writing enough loans for them, and his concerns on how this practice could effectively force mortgage brokers to write CBA loans for clients even if they aren't the most suitable product for that customer.

Recorded on 14 March 2018 at the Owen Dixon Commonwealth Law Courts Building in Melbourne.

Witness statement:
https://bit.ly/2jhqcXa

Exhibit documents:
https://bit.ly/2w10zmk

Transcript:
https://bit.ly/2I86Pus

Testimony held during the first round of public hearings on consumer lending practices in Australia at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

This video was extracted from the Royal Commission’s webcast archive and republished here as permitted under its Creative Commons Attribution 4.0 International licence. The source file, containing the raw archived webcast of the entire day of hearings, was trimmed to only retain the testimony of the above witness(es) and remove any breaks and offline periods of the webcast. For testimonies held over multiple days, separate source files would have been combined to create one consolidated video.

Video Source: https://bit.ly/2XBSBKh
Copyright information: https://bit.ly/2K2JMl2
Creative Commons license information: https://bit.ly/1rMF155

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© Commonwealth of Australia 2018.

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