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a Henry is a home loan specialist who works for a major commercial bank. Henry helps his client to prepare home loan applications and gets
a Henry is a home loan specialist who works for a major commercial bank. Henry helps his client to prepare home loan applications and gets a commission from the bank if a home loan application is approved. Nancy, an old friend of Henry, is really keen on purchasing her first home in Sydney. She needs to borrow $700,000 for the property she wants to buy. After assessing her income and expenses, Henry tells Nancy that she can only borrow $600,000 maximum from the bank. Nancy is very disappointed and asks whether there is anything Henry can do to help. Henry then advises Nancy to forge her income to a higher level so that she can borrow enough money. Nancy takes the advice and gets her $700,000 home loan approved by the bank. Required Use the above information to write a paragraph. In your answer, state two APES 110 Code of Ethics fundamental principles that have been violated and explain why each has been breached? Also, identify two potential threats and comment on each. (8 Marks) a
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