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Hm.... not that I can think off now :-/ what about it ? I suppose if the lender goes to default, does that means we as the borrower suddenly relieved from our mortgage or it could be worse, our asset will be taken by the institution's buyer ?

Hi, After reading the news in SMH website (http://www.smh.com.au/business/banking-and-finance/yellow-brick-road-inks-macquarie-deal-to-take-on-big-banks-20121107-28y4h.html) and also in the BRW magazine, I wonder if this is a good deal that sounds too good to be true. For the first year...