Lenders still plagued by fraud

Mortgage fraud continues to be an issue in newly originated loans, according to a report from the Mortgage Asset Research Institute that shows a 42 percent increase in reported incidents of fraud in loans originated during the first quarter compared to a year ago.

more...

All rights reserved. This article may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this article without permission is a violation of federal copyright law.