Sustainability Plan for Mortgage Business in Australia

Running head: DIPLOMA IN MORTGAGE BROKING AND FINANCE
Diploma in Mortgage Broking and Finance
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1DIPLOMA IN MORTGAGE BROKING AND FINANCE
Table of Contents
Introduction......................................................................................................................................2
Scope of Sustainability Policy.........................................................................................................2
Gathering information from a range of sources to plan and develop policy...................................3
Identification and consultation for the stakeholder policy development process............................3
Identification of the appropriate strategies in policy at all stages...................................................3
Recommendations for policy options based on effectiveness, timeframes and cost.......................4
Developing Policy reflecting organization’s commitment to the sustainability as an integral part
of the business planning...................................................................................................................4
Agreeing to the appropriate methods of implementation, outcomes and performance indicators. .5
Promoting workplace sustainability policy including expected outcomes to key stakeholders......5
Expected outcome............................................................................................................................5
The implementation of these technology by the owners is viewed with an integral role in
enhancing the overall sustainability.................................................................................................5
Inform those involved in implementing the policy about the expected outcomes, activities to be
undertaken and assigned responsibilities.........................................................................................6
Developing communication procedure to help implement the workplace sustainability policy.....6
Implement strategies for continuous improvement in resource efficiency......................................6
Establish and assign responsibility for recording systems to track continuous improvements in
sustainability approaches.................................................................................................................6
Document outcomes and provide feedback to key stakeholders.....................................................7
Monitor records to identify trends that may require remedial action..............................................7
Modify policy and or procedures as required to ensure improvements are made...........................7
Conclusion.......................................................................................................................................7
References........................................................................................................................................8

2DIPLOMA IN MORTGAGE BROKING AND FINANCE

3DIPLOMA IN MORTGAGE BROKING AND FINANCE
Introduction
As discussed Gathergood and Weber (2017), mortgage broker acts as the intermediary
between the lender and the borrower. Mortgage lender is identified as the registered owner for
the loan funds and mortgage broker is paid the fees as a compensation for services. Being one of
the top broking firm in Australia, dealing in complex mortgage broking solution our aim is to
adhere to the sustainability aspect as well. An individual providing broking service is liable for
the borrower’s circumstances. In some of the other cases the broker may be a mortgage sales
agent who may be guiding the borrower for the right lender. The report aims to propose a
sustainability plan for a mortgage business operating in Australia. Our sustainability policy
ensures that the objectives of the business are given at the first instance of the deal. It will cover
the specific aspects of the business operations and the scope which will ensure that the
sustainability policy is able to recommend for all the relevant objectives of the business.
Scope of Sustainability Policy
The nature and the scope of the activities has been reviewed as per the data obtained from
the jurisdictions prevailing in Australia. The discourse of the report will define the integral
elements of sustainability, identification and consultation with stakeholders and Include the
appropriate strategies in the policy at all stages of work for minimising the resources. Some of
the various types of the other discussions will focus on the making recommendations for policy
options as per the effectiveness, cost and timeframes. The findings of the report will also develop
the policy which reflects the organisation’s commitment to the sustainability. The findings of the
report have agreed to the appropriate method for implementation, outcomes and performance
indicators. The latter part of the of the study has suggested on the policies for promoting
workplace sustainability, which includes the expected outcomes key to the stakeholders. The
implementation policies will also highlight on the development of the communication procedure
to asset the workplace sustainability. The final section of the policy aims to monitor the records
to identify the trends which may require remedial action and use of the continuous performance
improvement procedures (Campbell and Cocco 2015).