Glossary

Aggregation has its own vocabulary, and a good deal of it gets used loosely. Trail, upfront, clawback, credit representative, panel, accreditation, run-off — these carry specific meanings that matter when you are comparing agreements, reading a commission schedule or working out what a contract clause actually commits you to. This section holds the reference list, written in plain English rather than legal shorthand, so you can check a term as you come across it elsewhere on the site.

In this section

• Mortgage Aggregation Glossary: The Terms That Matter — the working definitions brokers and borrowers actually need.

If a term you have run into isn't listed, it is usually because it is lender-specific rather than industry-wide. The FAQs cover most of those in context, and 1300 667 694 will get you a plain answer to anything still unclear.