Tagged: Mortgage Fraud

Cotality says fraud indicators appeared in one out of every 129 mortgage applications, though investor and multifamily loans continued to carry elevated risk

New tool combines fraud scoring, property research and automated condition management within the LOS workflow

Strong demand from buyers and sellers could turn fraud prevention into a profit center for real estate transaction companies

Mortgage fraud risk edged higher in late 2025, with investment and multifamily loans — alongside growing DSCR and refinance activity — driving elevated fraud indicators, according to Cotality

Rising wire fraud risks — now amplified by AI-driven deep fakes — are exposing vulnerabilities in mortgage closings and forcing lenders to tighten cybersecurity, employee training, and transaction controls

ProPublica reports that Donald Trump claimed two Florida homes as his primary residence on separate mortgages despite never living in them, a practice experts say meets the standard for mortgage fraud set by his own administration

Because settlement agents often lack mandated insurance, and coverage gaps are common, lenders must actively verify and monitor agent insurance and bonds to protect themselves from fraud-related losses

New data reveals that fraud and forgery are becoming more common and more costly in refinance transactions, compared to purchase transactions

Andrew Liput of Secure Insight discusses how the industry is embracing AI, but smaller businesses are having a difficult time keeping up with identifying and preventing fraud through the use of criminal technology schemes

Mortgage fraud risk increased 8.2% year-over-year in Q3, with an estimated one in 118 applications showing indications of fraud