Tim Donahoo News Today

Following member elections, the new presidents and deputy presidents of the five MFAA forums have been announced.  

Industry should demand ‘meaningful action’ on turnarounds subscribe A A There is “no justification” for the delays in processing broker-lodged loans, the compliance manager of MoneyQuest has said, urging industry heads to be “more vocal and even militant in demanding meaningful action”. Last week, the heads of the major banks acknowledged that while direct channel loans could take less than two days to approve, loans from the broker channel were markedly higher. Recent stats from ...