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Mortgage Firms Spend Less than Others on Fraud, But Costs Still Add Up
National Mortgage News, Oct. 23, 2018–Bonnie Sinnock (subscription)
Bigger digital mortgage firms are paying $3.27 for every $1 of fraud, while other digital creditors in the same size range are paying $3.47, according to LexisNexis Risk Solutions’ 2018 True Cost of Fraud report.