Skip to main content

Forward on Reverse: Understanding Reverse-Speaking, Part Two

National Mortgage Professional
Jan 14, 2003

Annual MARI mortgage fraud report released by MBAMortgagePress.comMortgage fraud The Mortgage Asset Research Institute Inc. (MARI) has delivered its seventh annual fraud report to the Mortgage Bankers Association. The report, "Seventh Periodic Mortgage Fraud Case Report to Mortgage Bankers Association," examines the current composition of residential mortgage fraud and misrepresentation in the United States. MARI provides MBA members with the annual reports, as well as discounted fees to participate in MARI's database, the Mortgage Industry Data Exchange (MIDEX). The MIDEX system allows mortgage lenders, insurers and agencies to exchange information about companies and professionals that have been involved in loan transactions containing alleged fraud or material misrepresentations. The report includes the following highlights: †During the past four years, there has been a shift in the states that have the greatest problems. For the second year in a row, Georgia and South Carolina have had very high rates of reported fraud. †Florida continues to have a high fraud score, but is no longer entrenched in its historical second-place position on the national list of hot spots. †Reported fraud in California has dropped significantly, but many of its problems are likely being masked by high real estate appreciation. For more information, visit
Jan 14, 2003
Top Texas Originator Sees No Surrender To 2023

Big cities will determine the battle

Industry News
Jan 26, 2023
There’s Good & Bad News On The Horizon

There will be a real estate slump, but the big cities are coming out much better

Industry News
Jan 26, 2023
Housing Prices Across Texas Likely Hobbled In 2023

But you’re getting a lot less for $1 million

Industry News
Jan 23, 2023
UWM Adds 'Control Your Price' To 'Game On' Pricing

New program provides 125 basis points in price enhancements for loan orignators.

Industry News
Jan 11, 2023
Rocket Pro TPO Relieves Brokers Of Credit Fee Burden

Will provided free credit reports to brokers if they get their loan closed with the Detroit lender.

Industry News
Jan 10, 2023
Former Employees Sue Rocket Mortgage Over OT Pay

Claim company failed to properly calculate & pay OT for working beyond 40 hours a week.

Jan 09, 2023