Stepping Up the Fight Against Fraud in Mortgage Lending

HousingWire, March 23, 2021–Kimberly Lanham
Wherever there is commerce, there will be fraud, and the mortgage industry is no exception. In recent years, we have seen a significant uptick in fraudulent activity ranging from the high tech — intercepted wire transfers and electronic title phishing scams — to low-tech, such as applicants submitting falsified or doctored bank statements.