Fraud
Fraud
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Transaction-related details drove much of the increased threat, but risks eased over the previous two quarters, according to a new Cotality report.
June 27 -
Real estate players disclosed losses in 12% of incidents, and the average financial hit was $16,829, according to data from the past decade.
June 11 -
A new executive order reverses digital ID initiatives, fraud alerts and federal data-sharing plans from which banks stood to benefit.
June 9 -
As lenders expand into HELOCs, fraudulent activity is up. Here's what lenders need to know to protect borrowers and their portfolios.
June 9 -
A Bloomberg report alleges the regulator's own attorneys are raising alarm over a potential increase in fraud, corruption and other predatory practices.
June 5 -
Bill Pulte and the government-sponsored enterprise's chief executive will be working with a firm that analyzes big data and utilizes artificial intelligence.
May 28 -
The law, set to go into effect later this year, was introduced to prevent potential money laundering in all-cash purchases made by companies or trusts.
May 28 -
Whether in fake ads or misleading documents, anywhere fraud might be happening on Google, banks have a new way to quickly shut it down.
May 21 -
The Federal Housing Finance Agency chief also explained an alternate name he's used for the agency in his first speech at a Mortgage Bankers Association event.
May 19 -
The Virginia man filed a false tax return in 2021 claiming an $18.3 million refund, working with a co-conspirator to defraud a real estate agent.
May 16 -
Legal and compliance overtook verification issues as the top cause for application defects during the fourth quarter, according to Aces Quality Management.
May 15 -
The allegations against New York's attorney general involve transactions that occurred over decades, but James called the charges political retaliation.
May 12 -
FHFA Director Bill Pulte has prioritized targeting fraud, including proposing a tougher Suspended Counterparty Program and debuting a mortgage fraud tip line.
May 6 -
The fraudsters aren't doing anything new or sophisticated, but are successfully using familiar tactics, said reports from CertifID and FundingShield.
April 28 -
The Trump administration's appointees have been quick to roll back misguided Biden-era initiatives, writes the Chairman of Whalen Global Advisors.
April 21 -
While no additional details were disclosed, the housing regulator's inspector general typically probes cases which are prosecuted by the Department of Justice.
April 15 -
Three U.S. agencies lack a "comprehensive, government-wide strategy," according to a report that echoes complaints banks have made for years.
April 9 -
Pacific Residential Mortgage discovered the ransomware incident just weeks after the successful completion of its merger with an Ohio-based lender.
April 1 -
Fannie Mae set aside $752 million for credit losses in its apartment complex lending business in part because of fraud or suspected fraud, denting profits amid an industrywide scrutiny of borrowers.
February 14 -
Members whose districts include Altadena and Pacific Palisades are behind the measure, which calls for an initial 180-day forbearance period.
January 29


















