Perpetual Trustee Company Ltd v CTC Group [2012] NSWCA 252

CTC (as originator), submitted to Resimac (as manager), a forged application for a loan by Perpetual (as trustee) of $480,000. As required under the mortgage origination deed CTC verified the identity of the applicant, Mr David El-Bayeh. The loan was made and upon default proceedings were commenced for possession of the property. The trial judge …

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