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
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.