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The Mortgage Mole


JUST A SNIP Mortgage fraud is a serious business but apparently it’s not as important as, say, circumcision. Mole was intrigued to hear about a US case where a judge halted a mortgage fraud case so one of the lawyers could attend his grandson’s circumcision ceremony. The lawyer, acting for a loan officer in Philadelphia, promised to bring back treats from the ceremony. On the day of the child’s birth the lawyer is reported to have walked into court beaming and cried: “Judge, I have an announcement. Hoo hah.” It’s good to see mortgage fraud being taken so seriously.

HAIR TODAY A crack team at London & Country bravely grew moustaches for the global fund-raising event Movember. Every November men brave enough to lock away their razors grow facial fuzz to raise cash for charity. This year the L&C brokers stepped up to the plate.

“To reinforce their hirsute masculinity the guys organised a cake bake that raised £180 for the Prostate Cancer Charity,” London & Country’s
head of communications David Hollingworth told Mole. Well done guys.

SLIPPERY SLOPE The snow caused chaos last week with Melanie Bien, director at Private Finance, trapped in Guildford all week and PMS executive chairman John Malone stocking up on food to beat the Scottish snow. But Dale Jannels, sales and marketing director at All Types of Mortgages, stopped fighting it and announced on Twitter that he’d decided to spend Thursday afternoon sledging instead.


Now that minister agrees with us, the FSA might listen

The MMR paper on responsible lending has rightly been criticised for attempting too much minutiae. Parts of it made little or no sense at all. Mortgage brokers have long warned that the government should realise that the outcome of MMR as laid out in responsible lending paper would be to stop sensible clients getting mortgages. […]


Five ways to make your employee focus group session a success

by Debra Corey, group reward director  You just planned and booked what you thought was the perfect vacation for you and your family. You call everyone together to share the great news and instead of receiving sounds of glee and delight, you receive groans and complaints.Your youngest says: “I hate beaches, didn’t you know that?” (You think to […]


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