From HW Magazine

Don’t look now, but fraud's not dead yet

While our industry focuses on compliance, we can’t afford to ignore the growing threat

September 1, 2014
Donald O'Neill and Jeffrey Dondanville
KEYWORDS Compliance Fraud Management Mortgage regulation
Vulture fraud
Only seven or eight years ago, mortgage fraud was one of the top stories in the industry. It was quite common to see stories estimating losses in the millions, with some experts suggesting that these numbers were only the tip of the iceberg. Lenders and their partners scrambled to strengthen their fraud-prevention strategies.
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Commentary

How can we thrive during challenging times?

Casey Cunningham
Casey Cunningham
 Lending
For the first time since 1981, our industry is experiencing a rising interest rate environment. Some people may assume that the current market shift means their business will take a downward turn from which they will never recover. I don’t buy it. The way I see it, challenging times force us to refine our processes and practices.