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Regulatory

ASIC sues home loan manager over 'unlawful' hardship application handling

BY MATTHEW WAI | WEDNESDAY, 21 MAY 2025 12:24PM

The Australian Securities and Investments Commission (ASIC) has filed legal proceedings against Resimac, which manages non-bank loans provided by Perpetual Trustees, for failing to provide appropriate care in responding to hardship applications.

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Read more: ASIC, Resimac, Perpetual Trustee, Sarah Court, ASX

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