Lender compliance
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Lender File Requests: Is Your Conveyancing Firm Ready?
A mortgage lender’s request for completed conveyancing files can expose weaknesses that remained unnoticed during the transaction. The firm needs to establish what instructions applied, what work was undertaken and whether the file records the enquiries, reporting and approvals required. Organisations with a culture of strict lender compliance management who have internal audit mechanisms in…
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Lender Audits and the Prophet of Doom
I’m a specialist in risk, so I can sometimes be accused of being a little conservative in outlook, even for a lawyer. But I suspect that this blog post will have some lawyers reaching for their thesaurus to find stronger words, like “worrier”, “pessimist” or even “doom-monger”. I’m sticking my neck out today to predict…