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Brokerage head calls out 'unacceptable' turnaround delays


Brokerage head calls out ‘unacceptable’ turnaround delays
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It is “unacceptable” that turnaround times in branches can be measured in hours yet brokers are “waiting weeks”, according to the managing director of a mortgage broking franchise.
The managing director of MoneyQuest has called out the ongoing “imbalance” in turnaround times between different channels, after nearly half of the franchise brokerage’s members outlined that service levels were the worst they have ever been.
The brokerage brand, which currently has just over 100 offices across Australia, recently undertook its annual Franchise Owner Sentiment Survey, which explored several areas of interest, including lender service levels and career satisfaction. ....

Mike Felton , Annie Kane , Michael Russell , Moneyquest Franchise Owner Sentiment , Advantedge Financial Services , Macquarie Bank , Business Accelerator Program , Franchise Owner Sentiment , Mortgage Finance Association Of Australia , Franchise Owner Sentiment Survey , Broker Pulse , Momentum Intelligence , Moneyquest Franchise Owner Sentiment Survey , Finance Association , Elite Broker , Adviser Live , மைக் ஃபெல்டன் , அன்னயே கேன் , மைக்கேல் ரஸ்ஸல் , மக்வரீ வங்கி , வணிக முடுக்குப்பொறி ப்ரோக்ர்யாம் , அடமானம் நிதி சங்கம் ஆஃப் ஆஸ்திரேலியா , தரகர் துடிப்பு , வேகத்தை உளவுத்துறை , நிதி சங்கம் , உயரடுக்கு தரகர் ,

Broker settlements hit new high for March quarter


Broker settlements hit new high for March quarter
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The value of settled loans written by brokers over the March quarter hit a new record, with broker market share for the quarter rising to 57.5 per cent.
According to the latest data released by research group comparator (a CoreLogic business) and commissioned by the Mortgage & Finance Association of Australia (MFAA), in the three months to March 2021, the value of new settlements increased 27 per cent year-on-year to reach a new record for the period.
A whopping $62.2 billion of residential mortgages were settled by brokers in the first quarter of the calendar year, a significant increase on March 2020 figures, when the value of settlements rose 37.5 per cent to $49 billion. ....

Mike Felton , Annie Kane , Mortgage Finance Association Of Australia , Finance Association , Elite Broker , Adviser Live , மைக் ஃபெல்டன் , அன்னயே கேன் , அடமானம் நிதி சங்கம் ஆஃப் ஆஸ்திரேலியா , நிதி சங்கம் , உயரடுக்கு தரகர் ,