FundingShield, Newport Beach, Calif., released its Q2 2026 Wire Fraud Analytics & Risk Report, finding that 45.32% of transactions within a $120.7 billion portfolio spanning residential, CRE, non-QM and securitized collateral were flagged for issues posing significant wire and title fraud risks.
Tag: Fraud
Federal Law Enforcement on What the Industry Needs to Know About Fraud Trends
WASHINGTON–“The bad guys are always finding new ways to reinvent themselves,” said Stavros Nikolakakos, the deputy special agent in charge of the Washington field office, United States Secret Service.
Fraud Panel: Watch Out for ‘Low-Hanging Fruit,’ Synthetic Identities, Business Email Compromises
WASHINGTON, D.C.–Experts took to the stage at the Mortgage Bankers Association’s Compliance and Risk Management Conference Sept. 23, to highlight the importance of being vigilant in all aspects of digital life and provide insights into fraud trends that could be seen by those working in the mortgage industry.
RealPage Survey Reveals Multifamily Fraud Is on the Rise
RealPage, Richardson, Texas, found more than 75% of survey participants report an increase in rental fraud in their multifamily communities in the past year.