What does FBAA do?
The FBAA is established for purposes including supporting, protecting and advancing the character, status and interests of the Finance Broking profession.
What is an aggregator Australia?
An aggregator is effectively the middleman between the bank and the broker. They usually provide software, access to lenders and commission processing functions. ... They are the third party channel which means the lending panel of a brokerage is actually the lending panel of their aggregator.
How many brokers are there in Australia?
There are 7,456 Mortgage Brokers businesses in Australia as of 2022, an increase of 1.7% from 2021.
What is Wikibroker?
Wikibroker was established back in 2017 and was built by experienced mortgage brokers who understands the pains and pit falls all brokers face. With just a few keystrokes, mortgage brokers now have the capability to search lending credit policy, always staying up to date with policy changes. ...