Broker

Another MFAA member suspended

By Staff Reporter• Thursday, 28 Aug 2008•5 min read

Share this article on:

The MFAA has suspended its second member in as many weeks as it attempts to rid the industry of fringe brokers.

Peter Hinck of Victoria was suspended after submitting three loan applications on behalf of clients he’d never met or spoken to.

Phil Naylor, MFAA CEO, said: “The message is clear – do the wrong thing and you will be dealt with”.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

Looking for more benefits? Become a Premium Member.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from The Adviser. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

By ridding the industry of fringe brokers Mr Naylor said consumer confidence in the channel would improve.

Published: 28-08-08

Are you concerned about increasing MFAA expulsions or should the association take a tougher stance? COMMENT HERE

Extracts of comments may be used for publication in the online and/or print versions of Mortgage Business.

Related articles

No room for misconduct: MFAA 21-08-08

Tags:

Breaking News

You need to be a member to post comments. Become a member today