THE National House Buyers Association (HBA) applauds the directive from Bank Negara Malaysia instructing banks to immediately cease charging “loan documentation fees” on housing loans (for conventional loans) and housing financing (for Islamic financing).
The move by Bank Negara for banks to cease charging these “loan documentation fees” shows that the new unity government under our current Prime Minister Datuk Seri Anwar Ibrahim is caring and cognisant of the challenges faced by the rakyat in dealing with a slowing global economy and rising cost of living.
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