Tierney investigated

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.