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£18M fraud as B&B plunges into loss

Bradford & Bingley madea loss of £26.7m in the first half of this year compared with a £180.4m profit in the same period last year. It says £18m of losses were due to mortgage fraud.


CML to tackle new-build fraud

The Council of Mortgage Lenders has taken steps to stamp out the current rampant fraud problem in the UK new-build sector.


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