Tic:Toc founder Anthony Baum warns of housing pain - The Australian Financial Review

The founder of mortgage assessment fintech Tic:Toc, Anthony Baum, says the gradual loosening of lending rules over many years has allowed household indebtedness to build up.

Further, just 1.9 per cent of its loans have a debt-to-income ratio of six times, while Baum estimates these highly leveraged mortgages have accounted for a quarter of the big banks new mortgages in … [+4424 chars]

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