Fraud Detection and Prevention in Non-Agency Lending, March 31
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About the Event
This webinar examines and discusses current and growing concerns around DSCR (Debt Service Coverage Ratio) loan fraud, illustrated by the high-visibility Baltimore case that highlighted how gaps in controls and valuation can rapidly scale across multiple lenders and portfolios.
The speakers will walk through what happened, why it mattered, and how similar issues can be prevented in the future. Using Baltimore as a real-world example of how risk oversight can break down, the session will explore key red flags, process vulnerabilities, and effective strategies to detect and mitigate fraud in DSCR and business-purpose lending. Attendees will gain practical insights into strengthening underwriting, appraisal review, risk governance, and operational processes that support a more resilient lending program.
Date/Time:
Tuesday, March 31 (1:00 PM – 2:00 PM ET)
Objectives:
Learn how DSCR and business-purpose loan structures can be manipulated when controls are insufficient.
Identify the factors that made the activity in Baltimore significant and where processes broke down.
Spot early warning signs in valuation, rental income assumptions, transaction patterns, and borrower behavior.
Assess underwriting, appraisal verification, risk oversight, and governance to uncover potential gaps.
Implement practical steps to detect, deter, and prevent similar fraud in DSCR and related lending products.
Target Audience:
Loan Operations Managers
Mortgage Underwriters
Quality Control Professionals
Compliance Professionals
Risk Management Professionals
Speaker(s):
Amanda Tucker, Chief Risk & Compliance Officer, Atlantic Bay Mortgage Group
Jennifer McGuinness, CEO, Pivot Financial
Ruth Dillingham, Owner, Dillingham Consulting, LLC
