MFAA news

  • Price setting brokers face conflict of interest by Mackenzie McCarty

    Brokers who are able to set the price of the product they recommend to consumers could face an 'irreconcilable' conflict of interest, according to advice from Gadens Lawyers

  • $100 billion: Brokers set to crack benchmark by BN

    Mortgage brokers are expected to break through the $100 billion mark in lending volumes by the end of the 2012 calendar year

  • Fierce sales tactics threaten commissions by AB

    Brokers have been urged to put their clients' interests before commissions when selling white label products, amid fears ASIC may step in. We speak to Kim Cannon of FirstMac and Jon Denovan of Gadens Lawyers for their thoughts on sales tactics and pending changes to the MFAA's conflict module.

  • Trained mentors beat the best brokers by BN

    Trained mentors are better at helping new entrants survive the gruesome attrition statistics that face any prospective new broker starting their career

  • MFAA to enforce member social media policy by Mackenzie McCarty

    The MFAA has expanded its realm of oversight into social media, with a new policy for its 11,000 members that will police professional and private interaction on all social media platforms

  • Mentors a guiding light to career success by AB

    New entrants can find the mortgage broking world a maze, but mentors can offer valuable direction and guidance. We speak to Nancy Youssef of Classic Mentoring and Coaching, Graham Wearn of AMW Wealth and Sally Ashcroft of Finanz Essentials for their thoughts on how mentoring can add value to a business.