Tagged: Mortgage Fraud

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

Case centers on alleged false statements in loan applications tied to a Virginia property

If certified, the case will become one of the largest antitrust actions in housing finance history

How LOs can avoid fraud red flags in a climate of increasing scrutiny

Mortgage fraud in the spotlight — what it means for mortgage professionals

Fannie Mae warns of multi-state, broker-led mortgage fraud linked with investment properties, a settlement company, multiple LLCs

The same tech that’s advancing the mortgage industry is being used to create scams, drive fraud

GSE to deploy AI fraud-detection tech amid more talk of listing Fannie Mae, Freddie Mac on major stock exchange