Mortgage broker who forged loan documents for clients gets 5 years
Prosecutors say Alex Ashod Dadourian, a licensed mortgage loan broker, fabricated income and employment verification documents to win approvals for 17 mortgages totaling more than $8M
by Matt Carter Dec 8
Mortgage lenders face heightened risk of income, property fraud
Risk of false W-2's, earnings statements and payroll checks up 27.3% during Q2 compared to a year ago, according to the latest CoreLogic Mortgage Fraud Report, released Monday
by Matt Carter Sep 13
The internet is a hotbed for criminal behavior
Opinion
It isn’t safe to be on the internet, but that is where business comes from these days. Here's what to look out for and ideas for keeping yourself safer from online predators
by Teresa Boardman Jun 22
Unlicensed mortgage broker siphoned off $4.74M in refi proceeds
CoreLogic sees heightened risk of mortgage fraud due to shift to purchase loans
by Matt Carter Sep 7
Protect your clients: 5 real estate scams to watch out for
Purchasing a new home or renting a new space can be a beautiful yet nerve-wracking experience for your client, especially right now, and scams can only heighten that anxiety
by Jason D. Greene Jul 12
Zombies, fraud and opportunity: All the mortgage stats you might’ve missed
Opinion
As the summer comes to an end, here's a roundup of some recent mortgage-related research that you might have missed
by Lew Sichelman Sep 10
Is a deal worth going to prison?
As lending standards loosen, the environment for fraud — and cautionary tales — returns
by Jim Weix May 1
BuyerDocs wants to save your real estate clients from wire fraud
Instead of encrypted email, BuyerDocs uses highly secure, AES-backed document storage to store and send wiring instructions
by Craig C. Rowe Mar 1
CertifID and reQuire Real Estate Solutions partner up to protect RE closings
Cooperative is aimed at streamlining closings while maintaining security for agents, buyers and lenders
by Craig C. Rowe Feb 6
Trust Stamp will use selfies to protect your email
Can we trust in facial recognition to end wire fraud? The new Trusted Mail plugin for Gmail and Outlook seeks to do just that...
by Craig C. Rowe Jan 23
CertifID wants to save you from becoming a wire fraud victim
Michigan-based titled company is cracking down on real estate fraud with identity confirmation, device authentication and two-factor verification
by Craig C. Rowe Dec 7
Mortgage fraud: Are you part of the problem?
Opinion
If you know someone is fibbing on his or her mortgage application and allow it to happen, you are contributing to the fraud
by Lew Sichelman Oct 19
A man examining a contract closely
Metros hit hardest in the crash continue to improve
by Jennifer Riner Sep 27
Majority of states see annual dip in mortgage fraud risk
First American Loan Application Defect Index reported fraud risk is reaching new lows this year
by Kimberly Manning Aug 2
Mortgage fraud risk high across Florida, NYC and SoCal, report says
CoreLogic Mortgage Application Fraud Risk Index list dominated by sunny climates
by Kimberly Manning Jul 28