Do you think ASIC understands the mortgage broking industry?
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?
AB weekend wrap: Regulation, regulation and more regulation
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 products to come under ASIC scrutiny
White label mortgage products may also come under the microscope in ASIC’s forthcoming review into remuneration structures in mortgage broking
FBAA meets with government to discuss clawbacks
The FBAA has met with the Minister for Small Business and Assistant Treasurer, Kelly O’Dwyer to discuss unfair clawbacks
FBAA urges banks to promote brokers
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
AB weekend wrap: Brokers and valuations in the spotlight, and consumer misconceptions abound
Making news this week, ASIC reveals a new broker review, an association calls for a valuations audit and the industry is urged to raise awareness