Items Tagged with 'Fraud'

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First American: Fraud and misrepresentation grew in February

Rising rates bring increase in adjustable rate mortgages
First American released its monthly Loan Application Defect Index, which showed loans became more risky in February due to increasing interest rates and a move toward adjustable rate mortgages. What else is behind the rise in these riskier loans? Click the headline to read more.
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Zillow: We use the best fraud prevention system available

Who do you believe?
After some real estate agents complained about receiving phishing emails instead of leads from Zillow, the company responded by saying not only does it do everything it can to prevent these scam emails from going through, but it has one of the best filters in the industry. Zillow argues that scammers are only an occasional occurrence.
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Attention Realtors: You may be victim of massive nationwide advertising scam

Louisiana man accused of defrauding hundreds of real estate agents
Realtors and real estate agents all across the country may be victims of a massive advertising scam that promised local ad placement but instead resulted in the theft of $2 million. A Louisiana man induced Realtors and real estate agents to pay thousands of dollars for advertising on major television networks, but instead of providing the services he promised, the man allegedly used the money for New Orleans Saints season tickets, among other things.
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