National Mortgage News: How To Keep Fraud Out of 3% Down Mortgages.

 Lenders need to have monitors in place to safely originate 3% down loans and reduce application fraud risk, said Bridget Berg, senior director of fraud solutions strategy at CoreLogic.

National News

Based on Fannie Mae loan reviews completed through the end of August 2015, neither Georgia nor any Georgia zip3 area was in the top ten for 2013 or 2014+ originations.  Liabilities and occupancy were the leading misrepresentation findings by type for originations in 2013 and 2014+. Read More