Third Party Tactices: Tips for Managing the Equifax Breach. Read More

Scammers Conning Homebuyers Out of Their Downpayments. Read More

 Mortgage Fraud is On The Rise and Here Is What It Means to You. Read More.

 Law Enforcement Officials See Increased Sophistication in Mortgage Fraud. Read More

 As Mortgages Shift to Purchase Market, So Do Fraud Schemes. Read More

 Coto De Caza man gets 8 years for $2 million home loan cam that target more than 500 people. Read More

 SEC says "first ever cryptocurrency backed by real estate" is a fraud. Read More

 Buzzworthy with Ann Fulmer: Risk Management, Borrower Liens and Judgments Read More

 HUD Must get Better at Stopping Section 8 Fraud Read More

  CitiMortgage, Inc., O’Fallon, MO, Improperly Filed for FHA-HAMP Partial Claims Before Completing the Loan Modifications and Reinstating the Loans Read More

 Former Tulsa Housing Authority executive pleads guilty to audit fraud charge. Read More

 Convicted ex-lender who defrauded taxpayers is skimping on victim payments while living large, feds say Read More.

 Rate Defects Up From Year Ago; Rising Rates Could Spell Further Increase. Read More

 Sounding the Alarm. Mortgage Wire Fraud is a much bigger threat than you realize. Read More

 Ex-Asbury Park Housing Authority Executive Director Admits to $90K Theft. Read More

 CoreLogic: Mortgage Credit Risk Up in 3Q Read More

 Former Falls Housing Director Admits Theft. Read More

 4 More Charged With Sandy Fraud. Read More



Fraud On The Rise in Mortgage Applications

 March 27. 2017 Fraud and misrepresentation in mortgage applications is on the rise, according to new data from First American Financial Corporation.

According to First American’s Loan Application Defect Index, the frequency of defects, fraud and misrepresentation in mortgage applications was up 4.1% month over month in February. It was also up 1.3% year over year, although it was still 25.5% lower than its peak in October of 2013. Read More

Sentencing Dates is Set For Lawyer in Alleged Short-Sale Scheme

Sentencing Dates is Set For Lawyer in Alleged Short-Sale Scheme.
Sentencing is set for April 28 for a New York lawyer accused in an alleged short-sale scheme in which homes were sold to new owners without paying off existing mortgages.

The lawyer, Helene Stetch, pleaded guilty Jan. 9 to criminal possession of stolen property, according to Meris Campbell, a spokesperson for the Queens County, New York, District Attorney’s office. The plea agreement calls for a sentence of 16 months to four years in jail. Read More