Pressure on bank staff to push “unsuitable” financial products on customers is hurting the integrity of the industry, the FBAA has warned
The FBAA has labelled reports of major banks using Veda alerts to ‘spy’ on customers as “completely wrong” and is now encouraging brokers to use this to their advantage
The MFAA has reported a spike in parental loans through brokers as house prices continue to rise across the country
The former CEO of Mortgages at Barclays in the UK has told brokers they can expect their market share to rise “significantly” but they should also expect changing regulation
The FBAA has also come out in defence of mortgage brokers after an inflammatory article was published in the Australian Financial Review
Mortgage fraud involving foreign investors is not a systemic problem in the mortgage broking industry, but the industry must unite to combat fraudulent brokers