NHEMA Names Mortgage Fraud Spokesman

Arthur Prieston, chairman of The Prieston Group risk management consulting company, has been tapped to serve as spokesman for the National Home Equity Mortgage Association on issues relating to mortgage fraud.The association said Mr. Prieston will work with NHEMA president Jeffrey Zeltzer to formulate issue papers on mortgage fraud for the organization's forthcoming annual conference in Scottsdale, Ariz. Citing congressional hearings last October on the rising incidence of mortgage fraud, Mr. Prieston said it was clear that "lenders are not routinely recognized as victims of mortgage fraud alongside borrowers. That has to change. It is time to begin defining and establishing legislation that will protect borrowers and lenders alike." The Prieston Group can be found online at http://www.priestongroup.com, and NHEMA can be found at http://www.nhema.org.