News
3 tips on improving your digital presence as a broker - Part 2
Many brokers come to us and say that they have no trouble setting up their social media profiles but they have difficulty in getting their content noticed by prospective leads. So how do you increase your organic reach and ensure that your content is optimised to target your intended consumer market?
3 tips on improving your digital presence as a broker - Part 1
The MFAA offers a range of resources and tools to help brokers develop their knowledge to create their social media image. One of these tools, the MFAA learning hub course ‘Social Media Fundamentals for Brokers’ offers an in depth breakdown of the different platforms, how to set up a profile and more. Interested in getting a taste of what the MFAA Social Media course has to offer? Read on below for 3 of our best tips that have helped brokers generate an effective digital presence.
MFAA Industry Intelligence Service Report (IIS) for period 1 April 2020 to 30 September 2020
The IIS Report 11th edition, which draws on data supplied by 12 of the industry’s leading aggregator brands, provides broker and industry performance and demographic data for the six-month period of 1 April 2020 to 30 September 2020.
MFAA Champions of Diversity – Kathy Cummings
Since returning to the mortgage and finance broking industry last year after a five-year hiatus, Bank of Queensland’s (BOQ) General Manager of Broker, Kathy Cummings is noticing some positive changes around diversity and inclusion.
Mortgage brokers record highest ever December quarter market share
The mortgage broker channel has recorded its highest ever market share result for the December quarter with brokers settling 59.4 per cent of all residential home loans during October – December 2020, according to the latest data released by research group comparator, a CoreLogic business, and commissioned by the MFAA.
Prospa Groundbreakers: John Macalyk of AAA Financial Group on making the days count
As the MFAA’s fifth ever member, John Macalyk is one of our industry’s longest serving professionals with more days under his belt than most. But it’s how the AAA Financial Group Managing Director has made his days count, staying one step ahead of a rapidly evolving industry to deliver top notch service for almost four decades that truly sets him apart.
Prospa's Long Road - Tales of Regional Brokers: Fiona Bryce of Loan Market
A resourceful businesswoman, Fiona Bryce of Loan Market, is this editions feature for Prospa Long Road - Tale of Regional Brokers. Fiona has managed to handle a isolated 250 acres of land, 150 heads of cattle, all while co-managing a successful broker business based in Sydney. Now weeks away from launching an online meat business, Fiona is stepping into 2021 at full speed.
Prospa's Long Road - Tales of Regional Brokers: David Coyner of Riverland Lending Services
When the pandemic showed signs of affecting the economy in early 2020 South Australian agricultural finance broker David Coyner decided to get his farming fix by helping a mate do some seeding. But the phone kept ringing, and rather than let the fact that he was sitting on a tractor stop him, David continued to take calls and help clients. It’s this commitment to customer service and passion for agriculture that ensures the Riverland Lending Services broker is at the top of his game.
Perth broker reveals benefits of MFAA award victory
Almost 15 years later, Michelle still recalls the euphoria she felt when she won her first “morgie” and encourages anyone considering entering the MFAA Excellence Awards to jump in and do it. “It was such a great experience. I was organising my wedding at the time, and I remember flying to Sydney and winning this prestigious award.
Prospa's Long Road - Tales of Regional Brokers: Aaron Vogt of Preferred Finance
This edition of Prospa’s Long Road – Tales of Regional Brokers focuses on MFAA Regional Excellence Award winning broker Aaron Vogt of Preferred Finance in Mount Barker, South Australia.
ASIC update on the Best Interests Duty & related reforms - fifth edition
The fifth of a series of regular ASIC updates on the best interests duty and related reforms which commence from 1 January 2021. This update focuses on packages.
MFAA Champions of Diversity – Simone Tilley ANZ
Discover the story of our latest Champion of Diversity, Simone Tilley, General Manager of Retail Broker for ANZ. Simone credits her career success to her adaptability, persistence, determination and hard work but admits even she did the usual “female thing” when she was approached to take on ANZ’s Retail Broker business by questioning whether she had enough experience.
Mortgage brokers record highest ever market share amidst global pandemic
The mortgage broker channel has recorded its highest ever market share result with brokers settling 60.1 per cent of all residential home loans during the July – September 2020 quarter, according to the latest data released by research group comparator, a CoreLogic business, and commissioned by the MFAA.
Prospa Groundbreakers: Mhairi MacLeod on opportunity in crisis, sustainability, and women in finance
Without a doubt, 2020 has been a year full of challenges. But for Astute Ability Finance Group founder and principal broker Mhairi MacLeod, this time of crisis has not been without opportunity. Fresh from collecting three awards at the 2020 AMAs, including the coveted Australian Broker of the Year, this month’s Prospa Groundbreaker discusses the importance of having a growth mindset, and why women in the industry are continuing to find their voice and showcase their abilities.
Free consumer article: What are the extra costs of buying a home?
As part your MFAA membership, you have exclusive access to a library of professionally written articles on finance topics of interest for consumers, to assist you to engage your customers and market your services. This week’s consumer article seeks to provide potential property buyers with a more fulsome picture of the costs of buying a home. View the article ‘What are the extra costs of buying a home' via the Mortgage & Finance Help website here: https://www.mortgageandfinancehelp.com.au/first-home-buyer-news/application-establishment-fees-stamp-duty-more/
MFAA Champions of Diversity: Madhu Chaudhuri of Finance & Mortgage Solutions
Finance & Mortgage Solutions founder Madhu Chaudhuri describes herself as an accidental broker but her passion for embracing diversity and inclusion is certainly no accident. Growing up in India as the daughter of a single parent, she learnt first-hand the importance of being empathetic to different circumstances and experiences and the value of helping diverse people achieve their aspirations in life.
Prospa Groundbreakers: Louisa Sanghera of Zippy Financial
When Louisa Sanghera started broking, she told herself, and her husband, that she would just do a couple of mortgages a week for the mums at school to help with household bills. Next minute, the mums started talking, and through word of mouth, Louisa quickly found herself in high demand. Now, the UK transplant services clients from the Central Coast down to Wollongong, across to Perth and up to Singapore and Hong Kong. Her secret, always going the extra mile, constant communication and updates, and chocolate. With a fierce work ethic and desire to maximise all 24 hours of the day to get the job done, it’s no surprise that Louisa Sanghera of Zippy Financial has become a multi-award-winning broker with big plans for the future.
MFAA Champions of Diversity: Bridget Sakr of Granite Home Loans
Growing up in a household where equality was the norm has always given Granite Home Loans founder Bridget Sakr a strong passion for diversity and inclusion, which she has actively promoted in every role she has ever had in the mortgage and finance industry. Bridget Sakr is the subject of this month's MFAA Champions of Diversity article series.
Prospa Groundbreakers: Lauren Hall of Loan Market Southport Queensland
Prospa MFAA Groundbreaker Lauren Hall of Loan Market Southport moved to the Gold Coast to pursue a career in finance broking after she realised her passion for problem solving and customer service.
MFAA welcomes Federal Government responsible lending announcement
Treasurer Frydenberg has announced that the Federal Government is proposing to make significant changes to responsible lending laws to make it easier for qualified borrowers to access credit, while maintaining strong consumer protections.
© MFAA
Mortgage & Finance Association of Australia