HBA applauds BNM’s order to abolish loan documentation fees
Since 2013, banks have somehow been “selling” and “billing” the security documents to lawyers for prices ranging between RM100 and RM600.
Since 2013, banks have somehow been “selling” and “billing” the security documents to lawyers for prices ranging between RM100 and RM600.
Bank Negara Malaysia wants banks to cease charging a fee relating to the provision of housing loan or home financing documentation for financial customers.
It has been a common practice for banks to impose fees for standardised loan agreement documents that are needed in the housing loan application process.
KUALA LUMPUR (Nov 17): Fugitive businessman Low Taek Jho, better known as Jho Low, claimed that Datin Seri Rosmah Mansor (pictured), the wife of former premier Datuk Seri Najib Razak, funded her purchase of jewellery worth over US$500 million (RM2.
KUALA LUMPUR (June 5): The Malaysian Anti-Corruption Commission (MACC) is currently seizing documents connected to the sale of 64 lots of Kuala Lumpur City Hall (DBKL) land from 2013 to 2018, reported the New Straits Times.