The peak body for mortgage brokers, the Mortgage & Finance Association of Australia, has terminated the membership of 1100 brokers who failed to meet a set educational standard.MFAA chief executive Phil Naylor said the number represented 12 per cent of MFAA's loan-writing members. Naylor said: "We thought it would be about that number.  However, we expect that about half of those will get the qualification and be re-admitted."In 2009, the MFAA board notified its loan-writing members that by January 2013 they would have to acquire a diploma of financial services or equivalent qualification to be designated MFAA credit advisers.Naylor said the association wanted to demonstrate that its members have a high standard of qualification and of professionalism."We are promoting a stronger focus on the advisory side of the business," said Naylor."It is very important that the sector, which now delivers more than 40 per cent of mortgages in Australia, continues to show leadership in professional education, standards and compliance."