Mike Felton

Calling out broker fraud

New regulations requiring breach reporting have been released, which brokers will need to comply with. The industry was also the focus of a recent watchdog report on money laundering

Overcoming the perception gap

Industry leaders talked about the importance of female participation in broking, what some of the challenges are, and what needs to be done to support greater gender diversity

Brokers infuriated over ‘take more care with applications’ comments

Banks' comments around reworks have not been taken well

Are big banks dragging their feet on discharging home loans?

"This is the worst I’ve ever seen," small bank exec says

Peak body lauds Federal Budget measures for home buyers

The mortgage broker organisation throws its support behind measures aimed at getting Australians into homes

Removing the barriers

After years of heavy scrutiny of loan applications, the government is suggesting reforms that would see responsible lending obligations scrapped

What ASIC's regulatory guidance on BID means for brokers

The MFAA and aggregators respond to the release of RG273

News Analysis: Work on new duty goes on

After the royal commission recommendation that brokers should be required to work in their customers’ best interests, the duty is set to come into play this year – but concerns remain over the current legislation

News Analysis: The first year of AFCA

Despite the heavy scrutiny amid talk of removing broker remuneration, mortgage brokers are proving their value, and the figures from AFCA’s first year in operation speak for themselves

Borrowers in arrears

More people are struggling with repayments - but brokers are there to help