Fraud
Fraud
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Cases increased at an average of 14.5% from 2021 to 2022, a LexisNexis survey found.
May 17 -
The hackers, on their dark web blog, recently threatened to release supposed company and borrower information if the lender did not pay.
May 16 -
Grand View Financial promised vulnerable homeowners debt payoff assistance, but its clients all ended up losing their properties.
May 16 -
The incident affecting the information of 1,361 customers is a rare disclosure of a data breach from a top mortgage lender and servicer.
May 9 -
The servicer didn't disclose how many customers were affected by the incident.
May 2 -
A pair of bills make it clear that stealing a homeowner's title is a crime, subject to a maximum prison term of 25 years.
April 28 -
Victimized consumers made up nearly three-quarters of the requests for help received by CertifID last year.
April 18 -
The plaintiffs allege that the banks did not catch obvious red flags or implement proper safeguards such as requiring two employees to approve each transaction.
January 6 -
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The charge carries a total of 30 counts, including two Class C felonies and a maximum sentence under the top charge of 15 years in prison.
December 9 -
HomeTrust Mortgage disclosed customers' names, addresses and Social Security numbers may have been compromised in the incident.
December 1 -
Problems with the closing protection letter are the predominant cause of those errors, a FundingShield report determined.
October 31 -
One man had paid bribes and kickbacks for improper sales of foreclosure properties, and another had engaged in ownership and wire fraud in a loan relief scheme, the courts determined.
October 13 -
Plaintiffs in two similar class action complaints accuse the companies of failing to protect their Social Security numbers and loan information.
September 19 -
The document automation company Ocrolus recently launched a new version of its fraud detection platform. Here's how it works and what other services lenders should consider.
September 14 -
But the shift to a purchase market means issues around employment and income verification should concern originators.
September 12 -
The businesses, like other victims of such incidents, have not identified the culprit nor type of attack.
September 9 -
The companies are the latest mortgage businesses to face class action complaints from consumers impacted by the cyberattacks.
September 1 -
The lender gave a $1.3 million mortgage refinance loan to a borrower based off overstated, fraudulent debt, prosecutors said.
August 30 -















