a Non-Profit, Mortgage Origination Industry Association

This refers to the provision by Members to Consumers of financial services relating to the provision of credit and includes services entailing the submission of an application, on behalf of the Consumer, to one or more Credit Providers for financing to acquire or refinance an immovable property, renovations to an immovable property and/or any products that accede to an immovable property by way of a mortgage bond product offered by those Credit Providers.

There are 3 membership types - Corporate Members, Key Individuals and Practitioner Members.    The definitions and eligibility criteria of these three membership types are more fully explained in the Memorandum of Incorporation and Accreditation Rules.

Any entity or person desirous to be a Member of MORCSA must comply with the eligibility criteria of a Corporate Member, Key Individual and/or Practitioner Member as set out in the Accreditation Rules.

The Code of Good Practice is a policy approved by the Board which sets out:

• the codes of conduct that apply to the manner in which Mortgage Origination Services are to be rendered by Members to Consumers
• minimum standards of professional conduct and good industry practice
• the disciplinary rules and procedures
• other matters relevant to standards and practices within and monitoring of the Industry.