Investigators from the Ministry of Economic Development are looking into Mortgages by Design, a company owned by Suzanne Tierney.
Tierney changed the name of Mortgages by Design to Pin Ltd on December 7 last year, then placed the firm into liquidation. According to records held by Companies Office, she created a new Mortgages by Design company on the same day.
Members of the Auckland Property Investors Association, of which Tierney is president, met on Monday to give her a vote of confidence.
Tierney also sits on the board of the New Zealand Mortgage Brokers' Association.
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