It is important to realise that being a mortgage broker is about far more than the mortgage product sale. It is advice that will keep clients satisfied and brokers in business for a long time to come.

Rate cuts fuel jump in home loans
A second consecutive monthly rise in the number of home loan commitments shows the Reserve Bank's aggressive interest rate cuts were having the desired effect, economists say.

Interest rates could hit 1960s levels
A key inflation measure has fallen to the lowest level in more than three years, possibly paving the way for 1960s interest rates by next month.

NSW set to recover ahead of the pack
NSW is already in recession, and the rest of Australia is hot on its heels, a new forecast to be published today says.

Privacy concerns over money laundering rules
Real estate agents, jewellers, solicitors and accountants will be required to report any suspicious financial transactions to the Federal Government but will be prohibited from telling the person involved.

NAB "limits" dealings with poor quality brokers
Brokers who rate poorly on the NAB Broker quality rating system will no longer be able to submit loan applications for new clients.

Non-bank home loans share at record low
The non-bank lenders' share of the mortgage market has crashed to a record low as global financial market turmoil hurts the smaller players.

The MFAA CPD program requires AMCs, AFCs & CMCs with two or more years experience to earn 25 Continuing Professional Development (CPD) points per year. AMCs and AFCs with less than two years experience are required to earn 30 CPD points per year and participate in Mentoring.

CPD Qualifying Activity 10 awards a maximum of 5 points annually for the 'Reading of Technical Papers and Industry Publications'. CPD points are granted at a rate of 1.5 point for every 4 hours of involvement. In addition to providing links to a selection of Industry Publications each month, Walker & Miller will provide conformation of your subscription to the eNewsletter, enabling you to document your progress, at the beginning of each financial year.

More Information on the MFAA CPD program

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