It is important for lenders to understand in what locations and property types their application fraud risk rests as the market share of purchase loans rises.

The Chicago bank is denying a report that its CEO, Steve Calk, made $16 million in mortgage loans to former Trump campaign chairman Paul Manafort in exchange for a job in the White House.

A Bucks County, Pa., man is charged with lying to federal housing officials in a series of forged financial statements in order to serve as an approved mortgage lender for the Federal Housing Administration.

Lenders need to be aware of a possible investor backlash as critical defects found in closed loans increased in frequency as the shift continued to a purchase market.

A former associate of Cook County Judge Jessica Arong O'Brien pleaded guilty Friday to her role in a $1.4 million mortgage fraud scheme and is expected to testify at O'Brien's criminal trial next month.

The Denver judge, who last spring ruled that former foreclosure king Larry Castle and his law firm did not violate state laws designed to protect consumers against fraudulent charges, was biased and made several missteps during the three-week bench trial leading up to his decision, the Colorado attorney general's office asserts in its appeal of the verdict.

Auditing firms cannot be expected to root out evil, or to conduct full forensic investigations.

After surging earlier in the year, the number of mortgage loan application defects remained flat in November, a positive sign when it comes to fraud incidents going forward.

A breach at Alteryx that exposed sensitive information from more than 100 million U.S. households could add to fraud risks in housing finance

A Stratford, Conn., man faces up to five years in prison after he pleaded guilty to bankruptcy fraud, according to the Department of Justice.

Stephanie W. Cowart, former executive director of the Niagara Falls Housing Authority, admitted to working with her son and daughter-in-law to steal $17,580 from the authority and the state.

While the nationwide run-up in mortgage loan application defects appears to have slowed, instances of fraud remain on the rise in Texas and Florida.

A 10-year-old fraud case against two San Luis Obispo County, Calif., lenders has ended in a hung jury.

A Kiryas Joel, N.Y., man was sentenced to 18 months in prison and ordered to forfeit $1.2 million to federal authorities for his role in a mortgage-fraud operation in which prosecutors had charged 15 people in all.

A week before he is due to resign, CFPB Director Richard Cordray sent a letter to 29 CEOs at banks, credit unions and other financial companies, urging them to help consumers exert more control over credit cards, debit cards and other payment methods.

Closing mortgages more quickly could introduce efficiencies but it also could introduce fraud risks if done without strong identity verification procedures in place, LexisNexis Risk Solutions finds.

A real estate agent allegedly duped two home buyers into thinking they had purchased a Boynton Beach, Fla., residence but instead pocketed their down payment and monthly payments, according to an arrest report.

Trump officials have made clear their intent to reexamine how Federal Housing Administration lenders are cited under the False Claims Act, but whether that means lenders can rest easier is an open question.

Marco Laureti owned several real estate and mortgage businesses, a real estate license, a mortgage broker's license and a house on San Marino.

The Consumer Financial Protection Bureau filed a lawsuit Wednesday against Freedom Debt Relief and its co-CEO for allegedly deceiving consumers.