The passing of legislation allowing for a comprehensive reference checking regime for the mortgage and finance broking industry has been welcomed by the Mortgage & Finance Association of Australia. The Treasury Laws Amendment (Modernising Business Communications...
Building a good relationship with your lender’s, aggregator’s, supplier’s or Association’s BDM (business development manager) can benefit your business in more ways than some brokers necessarily appreciate, says Shirley Ferris, principal loan writer...
Temporary measures introduced during the COVID-19 pandemic allowing the electronic execution of statutory declarations have become permanent for documents executed under Federal legislation. This means mortgage and finance brokers can continue to execute statutory...
This article is published by the Mortgage and Finance Association of Australia (MFAA). https://www.mfaa.com.au/news/keeping-your-systems-cybersecure With the recent news of the Latitude Financial Services (Latitude) cyberattack, we have received enquiries from members...
A business name is the name you trade under and helps identify who you are to your customers and other businesses. The Australian Bureau of Statistics (ABS) reports there are over 2.5 million businesses registered in Australia. It is important to know, however, that...
New research spotlights mortgage brokers impact in simplifying lenders mortgage insurance for home seekers Insights from a new research survey confirm that mortgage brokers are critical to building aspiring home buyers’ understanding of how lenders mortgage insurance...
The industry requires mortgage brokers who are new to mortgage broking to find and engage with an experienced mortgage broker mentor. The mortgage broker mentor helps mentees by: Explaining the practical elements of customer engagement and loan writing Guiding the...
Data provides insights on broking industry The latest Industry Intelligence Service (IIS) report has been released by the Mortgage & Finance Association of Australia. The fifteenth edition of the report covers the six-month period from 1 April 2022 to 30 September...