MBA Weekly Survey Sept. 13: Mortgage Applications Decrease
Mortgage applications decreased 0.8 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 8, 2023.
‘Time is of the Essence,’ Law Enforcement Officials Say About Fighting Fraud
WASHINGTON--As the mortgage banking industry becomes increasingly digitized, the potential for cybersecurity crime or fraud remains high. But law enforcement officials speaking at the Mortgage Bankers Association Compliance and Risk Management Conference said steps such as building relationships and being diligent and timely in reporting can help combat it.
Occupancy Fraud Appears to Be on the Rise, Panel Says
WASHINGTON--Occupancy fraud looks to have increased over the past few years, representatives from CoreLogic and Fannie Mae warned at a panel titled “Trending – The Looming Threat of Occupancy Misrepresentation” at the Mortgage Bankers Association’s Compliance and Risk Management Conference.