Rolf,
Don't think I mean anything underhanded by using the term "vested interest". You have a vested interest in being a member of the MIAA because it is important to your business. Its the same source of motivation for the lenders.
I just raise an eyebrow at an industry body that is tasked to equitably represent both lender and broker who frequently have competing agendas (eg. current hot topic: rates of payment on upfront and trailing commissions).
I digress. This thread is about Derivex and I look forward to Derivex becoming a member of the MIAA, if only just to see how it does stir up the banks.
Cheers,
FL
Don't think I mean anything underhanded by using the term "vested interest". You have a vested interest in being a member of the MIAA because it is important to your business. Its the same source of motivation for the lenders.
I just raise an eyebrow at an industry body that is tasked to equitably represent both lender and broker who frequently have competing agendas (eg. current hot topic: rates of payment on upfront and trailing commissions).
I digress. This thread is about Derivex and I look forward to Derivex becoming a member of the MIAA, if only just to see how it does stir up the banks.
Cheers,
FL