The Mortgage & Finance Association of Australia (MFAA) is a peak industry body representing over 14,500 members throughout Australia. The MFAA's mission is to "promote professional standards between members, their customers and professionals in the mortgage and finance industry."
The MFAA has a number of resources and services available to its members, including:
- Code of Practice: The MFAA Code of Practice sets out the standards of conduct that members are expected to adhere to.
- Training and education: The MFAA offers a range of training and education programs to help members develop their skills and knowledge.
- Industry events: The MFAA hosts a number of industry events throughout the year, providing members with opportunities to network and learn from each other.
- Government relations: The MFAA represents the interests of its members to government and regulators.
The MFAA also provides a number of resources to help consumers make informed decisions about their mortgage and finance needs. These resources include:
- Mortgage calculators: The MFAA's mortgage calculators help consumers compare different mortgage products and calculate their monthly repayments.
- Mortgage guides: The MFAA's mortgage guides provide consumers with information about the different types of mortgages available and how to choose the right mortgage for their needs.
- Mortgage advice: The MFAA's mortgage advice service can help consumers find a mortgage broker who is a member of the MFAA and who is qualified to provide mortgage advice.
In the context of securitisation, the MFAA can be a valuable resource for members and consumers. For members, the MFAA can provide guidance on the compliance requirements for securitisation transactions. For consumers, the MFAA can provide information about the different types of securitisation products available and how to choose the right product for their needs.
Here are some of the applications of the MFAA in the context of securitisation:
- Compliance: The MFAA can provide guidance on the compliance requirements for securitisation transactions. This can help members to ensure that their transactions are conducted in accordance with the law and industry standards.
- Education: The MFAA offers a range of training and education programs to help members develop their skills and knowledge in securitisation. This can help members to better understand the risks and rewards of securitisation transactions.
- Networking: The MFAA hosts a number of industry events throughout the year, providing members with opportunities to network with other professionals in the securitisation industry. This can help members to build relationships and share ideas.
- Advocacy: The MFAA represents the interests of its members to government and regulators. This can help to ensure that the interests of members are protected in the development of new regulations and policies.