Association of Arrears Mediators appoints chairman
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The Association of Arrears Mediators, a new trade association founded by five mortgage and loan arrears mediation companies, has appointed Ray Hugill as chair.
Hugill, who is currently executive director and joint LPA receiver of chartered surveyors, Templeton LPA, was previously head of credit and fraud strategy at the Bradford & Bingley Group, which he joined in 2000.
Prior to this, Hugill worked for 15 years at Cheltenham and Gloucester, with the last nine years in arrears and possessions.
He started off at C&G as an assistant manager and worked his way up the ranks to become senior recoveries manager, where he was responsible for 129 staff across a variety of areas, including arrears; field arrears; litigation; commercial mortgage administration; possession sales and commercial lending.
Hugill, says: “We aim to ensure that the already high quality services our members provide are delivered in a uniform and consistent manner to all lending institutions. I am delighted to be part of what is a groundbreaking association within the industry and hope to be able to make a significant contribution to its success.”
The AAM, which was officially launched on the February 1, aims to establish and maintain a professional code of conduct, aligning the industry with similar requirements placed on mortgage lenders, the broader financial services community and other professional practices.
Readers' comments (1)
No need for the regulator? | 16 Mar 2010 11:13 am
Bring it on Mr Hugill! Just the sort of trade body which I am sure they believe will make a real difference.
In this context, I have also read that the National Funeral Directors Association are considering a new focus group, the DHTSS (Dig Holes The Same Size) which they intend use to align the broader cemetery services community and other professional practices.
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