The announcement that 50 specialist policeman have been drafted to clamp down on mortgage fraud is a sign the industry is failing to identify criminals, providers warn.
AToM and Tiuta today called on the whole mortgage industry to take responsibility for finding fraudsters and punish them accordingly. Vic Jannels, chairman All Types of Mortgages (AToM), says: “Bringing criminals to justice can only be in the long-term interests of mortgage professionals. “All of us who are interested in securing a mortgage industry that applies best practice – rather than one that, by necessity, needs police action, should call on the FSA, the CML and all industry practitioners to support the police and drive out the criminals who tarnish our industry and ultimately co...
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