Intellitrain Finance News
July 2nd
2010
Can you continue to receive leads from Referrers?

ReferralsWith the introduction of the new credit laws on July 1, receiving customer leads  from referrers (i.e. real estate agents, accountants, car yards, conveyances etc) has become a much more complicated and regulated issue.
There are now strict rules around the process of referrals - but thanks to the work of a number of industry bodies, ASIC & Treasury have "seen the light" and eased the requirements to the benefit of all parties.
These changes WILL affect you so you need to be aware of them and the transitional aspects.

Thanks for Voting - AMA Finalists again!
Australian Mortgage Awards 2010
We're proud to announce that for the second year running Intellitrain is a Finalist for Best Industry Service in the 2010 Australian Mortgage Awards.
Thanks to all of you who nominated us for the award, we appreciate your ongoing support.

Earn 18 CPD Without Leaving Your Office
CPD WebinarsCPD is often seen as being a necessary evil but it doesn't have to be!
Why not join a CPD program that genuinely helps you to build your income, takes only 2 hours of your time a month and doesn't involve travel.
Plus, you get to interact and learn from the experiences of your peers from around the country.
Intellitrain's CPD Webinar Program will provide you with 18 CPD points a year without even leaving the comfort of your own home or office and for as little as $22 a month!
Topics recently covered include:
  1. How to Generate More Leads
  2. Building Better Business Relationships
  3. The Art of Persuasion
  4. What Do Clients Really Want
  5. From Broker to Business Owner
Join Today - several hundred brokers are already enjoying the benefits of this unique program!
 
"We used to have to travel to CPD sessions to listen to Lenders go over the same information...that time out of the office is appointments missed and  deals that maybe have gone elsewhere - 2 hours - 1.5 CPD points with a short break to make urgent phone calls - how easy is it."
Lifestyle Mortgage Finance Pty Ltd -
Craig Marriott
 
NEWS BITES
First ACL Applications Reach ASIC - Broker News
The Australian Securities and Investments Commission (ASIC) has already begun to receive Australian Credit License applications, only a day after the application window for accreditation opened on July 1. Read More
MFAA weighs in on exit fee debate
- The Adviser
The MFAA has welcomed the government's intervention on early mortgage exit fees. Read More
LVRs at four year low- The Advisor
Making headlines today, The Australian Financial Review has reported that the average loan-to-value ratio is at its lowest in four years. Read More
Nine out of 10 brokers say banks profited from GFC- The Adviser
An overwhelming majority of brokers believe that the banks have benefited as a result of the GFC, according to this week's The Adviser poll. Read More
Credit law confuses brokers and lenders - Broker News
Credit providers and their intermediaries remain confused about the implementation of their responsibilities under new credit laws, according to credit ratings house Veda Advantage. Read More

Finance News

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