Fraud
Fraud
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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 -
The FCC is advising homeowners nationwide to stay alert for scam calls impersonating their mortgage lenders, particularly if they have applied for loan relief.
January 16 -
A Washington, DC tax accountant pleaded guilty for submitting falsified documents in his application for a $1.4 million purchase loan, which he later received.
December 23 -
United Wholesale Mortgage's legal battles and the passing of David Stevens top the list of important mortgage news in 2024.
December 23 -
From mail theft to video games, a variety of trends shaped scams and fraud in 2024 — and made the schemes more expensive for everyone.
December 13 -
Federal Reserve Gov. Michelle Bowman said Friday that regulators — chief among them the Fed itself — need to do more to combat check fraud, particularly the problem of smaller banks not being reimbursed by larger banks whose checks are altered.
December 6 -
This is the second short-sale fraud case to make headlines in recent weeks, following the conviction of a New York businessman in November.
December 6 -
Lenders have 36 hours to notify HUD of incidents, similar to Ginnie Mae's stringent 48-hour window.
December 4 -
In a report Tuesday, credit bureau Experian predicted that government identity systems could get an update in the coming year. Here's what else could happen.
December 3

















