Fraud Schemes

Schemes. There are a number of reports that address potential schemes. Research shows that the information varies depending on the source, as some sources work with different parts of the industry and/or different parts of the mortgage manufacturing process.  

Fannie Mae
https://www.fanniemae.com/singlefamily/mortgage-fraud-prevention

The United States Dept. of Justice
https://www.justice.gov/opa/pr/financial-freedom-settles-alleged-liability-servicing-federally-insured-reverse-mortgage

StopFraud.gov Financial Fraud Enforcement Task Force
https://www.stopfraud.gov/sf/newsf%5B0%5D=field_pr_date%3A2017&f%5B1%5D=field_pr_topic%3A3951

Freddie Mac
http://www.freddiemac.com/singlefamily/preventfraud/trends.html

First American
http://www.firstam.com/news/2017/defect-fraud-and-misrepresentation-risk-heats-up-to-levels-not-seen-since-2015-according-to-first-american-loan-application-defect-index-20170628.html