Compliance
Nov 27, 2023
Insurance for Mortgage Brokers: The Essentials Guide
Every Australian broker aggregator will approach its membership and the requirements on its brokers differently. At Connective, professional indemnity insurance policy for our credit representatives is arranged, but there are other important types of insurance that we like our brokers to consider. Here's a short summary of the various insurances your mortgage broking business may require.
ComplianceNov 16, 2023
Brokers’ Responsibility in Safeguarding Borrowers’ Privacy
We all know that, in the dynamic world of mortgage broking, trust and privacy are paramount. But are we doing all that is in our power to safeguard the privacy of our clients and that trust that they put in our hands day in, day out?
ComplianceJun 23, 2023
5 Tips to Increase First-Touch Approvals
Often mortgage brokers can get lost in the metrics of leads and settlements, but what happens in between these two metrics is more important than ever.
ComplianceJun 19, 2023
Become an expert: Borrowing Power
Are you getting frustrated with trying to get loans to meet the new serviceability requirements? You’re not alone!
ComplianceJun 19, 2023
5 common mistakes with living expense assessments
Living expense assessments can be tricky. They’re a common cause of loan applications being rejected by lenders, so it’s important to get it right the first time.
ComplianceDec 14, 2021
4 Positives for Brokers From the AFCA Review
The Government has released Treasury’s review of the Australian Financial Complaints Authority (AFCA) coupled with its response to the 14 recommendations set out in that review.
ComplianceApr 09, 2021
How brokers’ responsible lending obligations could change if Government repeal succeeds
In response to the COVID-19 pandemic and recognising the impact Responsible Lending Obligations (RLOs) were having on the flow of credit, the Federal Government is seeking to repeal the RLOs.
Compliance