Tuesday, October 30, 2007

Florida Bar Expresses Concern About Increases In Title Closing Attorney Involvement In Mortgage Fraud

In Miami, Florida, the South Florida Daily Business Review reports:
  • The Florida Bar has joined the fight against mortgage fraud in South Florida. “There’s no doubt there are more instances of title attorneys being involved in mortgage fraud,” said William Mulligan, Bar counsel for Miami-Dade and Monroe counties. “Those frequently are situations where they have a title company or have a nonlawyer working for them doing the closings.”

For more, see Mortgage Fraud (Bar confronts an expanding crisis).