The Mortgage and Finance Association of Australia (MFAA) is a company limited by guarantee and is governed by a Board whose authority is enabled by the MFAA Constitution as amended from time to time. 

Broadly, the role of the Board is to provide leadership and strategic guidance for the MFAA in addition to overseeing management’s implementation of the Board's strategic initiatives. 

The Board meets on a regular basis to contribute to and approve the organisation's strategic direction and key initiatives. Its emphasis is on outward vision and strategic leadership, cultivating a diversity of viewpoints, collective decision making and providing membership benefits and services in support of professional mortgage and finance intermediaries.