Abstract:
In this paper we will discuss the
Mortgage Industry Association of Australia. It was established in 1980. The main aim of this association is to develop the Australian mortgage industry.
The Mortgage & Finance Association of Australia (MFAA) is a leading service provider and it is represented by the finance brokers, lenders, mortgage brokers, mortgage managers. It was established, in 1980, to develop the mortgage industry.
The main aim of MFAA was to make sure the orderly and as well as ethical working of the Australian finance and mortgage industry. Currently the number of members in MAFAA is 12,000.
This organization is also known as the Mortgage Industry Association of Australia, the Mortgage Bankers Association and the Mortgage Industry Association of Australasia.
Aims:
The aims of MFAA is to:
make sure that the members are addressed as a trusted financial source.
maintain and ensure the quality standards within the financial industry.
promote the role of finance and mortgage intermediaries as a dependable profession.
develop and enhance the finance and mortgage industry in the country.
provide education to all the members and staffs.
adopt best practice services for the customers.
accelerate the development of mortgage and finance products available in the market.