Simon Turnbull has been arrested at the border and since pleaded guilty to a nearly $50 million mortgage fraud.
The ring leader of a $9.2m mortgage fraud scheme has today been sentenced to five years imprisonment.
An Auckland woman and six other participants in a fraudulent scheme involving 11 properties in the city and totalling about $9.2 million, have been found guilty.
Serious Fraud Office director Julie Read says the charges serve as a warning to banks and property owners alike
The Property Institute boss has expressed support with the decision of a political party to remove restrictions on mortgage lending
A second real estate agency has joined the call for exempting first home buyers from the 20% deposit requirement
The easing in sales volumes mirrors the situation in the national residential market, says REINZ