Resona Holdings (8308) · RiskRestated
Risk of Home Loan Application Fraud by Real Estate-Related Firms and Others
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2021.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Risk of Fraudulent Use and False Reporting by Parties Involved in Real Estate SalesA theme 2 companies write about · 2 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2021RestatedAnnual report
「Forgery or alteration of income certificates, inflation or alteration of deposit balances, misuse of another person's bankbook, and inflating real estate purchase prices」
The company continues to address the risk of forgery, alteration and false applications for mortgages by real estate-related businesses and others, including through legal action. - FY2020First statedAnnual report
「Forgery or alteration of income certificates, inflation or alteration of deposit balances, misuse of another person's bankbook, and forgery or alteration of sales contracts, including inflating the purchase price of real estate, as well as falsely applying for a mortgage for borrowing intended for real estate investment」
For the first time, it separately identifies document forgery and false mortgage applications by real estate businesses and others as a risk, and describes a strict response, including legal action.