by Carolyn Omelina | Mar 8, 2017 |
According to CoreLogic®’s 2016 annual report, mortgage fraud has been steadily increasing since 2010. In the second quarter of 2016, 12,718 mortgage applications were estimated to have indications of mortgage fraud, which equates to .7% of all mortgage applications....
by Bill Walker | Feb 14, 2017 |
“‘Tis the season” – it’s a phrase often heard in November and December, reminding us all that a special time of year is upon us. It’s not a phrase you hear all that often in the months leading up to the 15th of April – the first deadline for filing your personal...
by Tom Laposki | Jul 29, 2015 |
“Show me the money!” A popular quote from the 1996 movie Jerry Maguire easily sums up the tracking of mortgage fraud trends. Where there is money to be made, mortgage fraud is sure to follow. The mortgage industry learned some valuable lessons from the real estate...
by Tom Laposki | Mar 19, 2015 |
Please note this article is not a comprehensive primer on mortgage fraud – use the resources listed below for more red flags and tips. Anyone in the mortgage industry knows mortgage fraud happens, but all too often it’s a case of “that would never happen to me!” Are...