Credit decisions were a natural place to start with artificial intelligence, but now banks and credit unions are taking the technology to all parts of their businesses.

Mortgage application fraud risk plummeted in the second quarter as refinance loans poured into the market, according to CoreLogic.

A West Chicago, Ill., property developer is accused by federal authorities of operating a Ponzi scheme that defrauded more than 300 investors in 32 states of at least $41.6 million.

A Pinellas County, Fla., Realtor with a controversial past faces possible revocation of his real estate license.

Paul Manafort, the disgraced former campaign chairman for President Trump, is seeking dismissal of a mortgage fraud case against him in New York because he was already tried on similar charges in federal court.

A growing share of refinances born by lower rates is pushing down risk levels for fraud on a mortgage application, according to First American.

New York State regulators entered into a settlement with a hedge fund in a case of alleged unlicensed and predatory mortgage lending activity by Vision Property Management.

Nearly a decade after Troy Wragg's role in a $54 million Ponzi scheme involving green energy and real estate investments in Tennessee was exposed, the former Philadelphia resident was sentenced to 22 years in prison and ordered to pay $54 million in restitution.

A West Philadelphia real estate developer who bribed a city official to get an inside track on sheriff's sales was sentenced to serve one month in federal prison, followed by nine months of home confinement.

The Federal Housing Administration updated its lender certification proposal originally issued this past May, as it looks to ease industry concerns on False Claims Act enforcement.

Robert Shapiro, the former chief executive officer of Woodbridge Group of Companies, pleaded guilty to running a $1.3 billion fraud that caused more than 7,000 investors to lose money, according to prosecutors.

A Sacramento CEO has pleaded guilty to embezzling funds from his employees' pensions, according to the U.S. Attorney for the Eastern District of California.

Mortgage fraud risk took a serious dive in the second quarter amid lower interest rates, which brought more refinance transactions into the market, according to CoreLogic.

Former Lend America executive Michael Ashley was sentenced to three years in prison for his actions that led to the implosion of the once-high-flying Melville, N.Y.-based mortgage lender.

A builder based near the Lake of the Ozarks swindled six families that sought new homes in Kirkwood, Mo., out of $356,000, the builder's federal plea agreement says.

A Nomura Holdings Inc. unit will repay customers about $25 million to settle U.S. regulators' allegations that it failed to supervise traders who made false statements in negotiating sales of mortgage securities.

An Indiana man was sentenced to seven years in federal prison after his conviction for participating in a foreclosure rescue fraud scheme.

A Bay Area real estate agent has been indicted on charges of fraud and money laundering after allegedly promising home loans to clients then taking their money.

Mortgage and real estate professionals need to do a better job of educating consumers and themselves about the growing vulnerability to wire fraud schemes during the home buying process.

Mortgage lenders might be feeling a little less stressed over False Claims Act actions being brought against them following recent headlines but there is still some work to be done before they can chill out.