Mortgage brokers may need annual accreditation
The New Zealand Mortgage Brokers Association’s (NZMBA) progress towards establishing a broader industry-wide organisation is continuing with the current focus on the accreditation process.
Monday, March 22nd 2004, 7:37AM
by Jenny Ruth
It is also looking at how "accreditation by exception" or the process of expelling or excluding brokers who blot their copybooks should be handled.
Accreditation "is the major issue for everyone because quality and broker performance are the key issues in the market place," Berry says.
Once this issue is sorted out to the satisfaction of both brokers and the lenders, establishing the new organisation should fall into place.
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