Tuesday, May 31, 2011

Conveyancing Association welcomes CML focus on fraud | News | Mortgage Strategy

Conveyancing Association welcomes CML focus on fraud | News | Mortgage Strategy
The Conveyancing Association has welcomed the Council of Mortgage Lenders’ focus on tackling mortgage fraud and conveyancer negligence in its annual report.

Eddie Goldsmith, chairman of the CA, says the CML is right to have mounting concerns about fraud given the rising figures, and it is up to individual conveyancing firms to ensure they raise their standards and ultimately improve the reputation of the industry.

He says the CA fully shares the CML’s sentiments on mortgage fraud and will be working with brokers, lenders and third party stakeholders to improve the situation over the coming months.

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