[WATCH] The country's major banks are facing a legal challenge over repossessed home sales. Homeowners are challenging how repossessed homes are sold when they fall behind on their mortgage payments. They argue that banks often sell homes for prices close to the outstanding bond amount rather than their market value. The applicants want the matter certified as a class action and are seeking damages. Ziniko Mhlaba has been keeping close watch of those developments. #Newzroom405 | Newzroom Afrika
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[WATCH] The country's major banks are facing a legal challenge over r…
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