Australian Broker is running a new online poll, asking brokers whether they think ASIC understands the mortgage broking industry, or whether there is a disconnect?
This week, regulation dominated the news, with new expectations for verifying expenses, clawbacks in the spotlight and a law that could impact broker contracts
White label mortgage products may also come under the microscope in ASIC’s forthcoming review into remuneration structures in mortgage broking
The FBAA has met with the Minister for Small Business and Assistant Treasurer, Kelly O’Dwyer to discuss unfair clawbacks
The FBAA is urging the banks to do more to promote the third party channel after a new report revealed that the industry is facing a major consumer awareness problem