Items Tagged with 'mortgage wire fraud'

ARTICLES

  • How to detect mortgage wire fraud before it is too late

    A day-by-day look at a fraud case
    Wire fraud victims have few options once they discover they’ve been had. But when minutes mattered, one Michigan homebuyer enlisted the help of a few friends—and made a recovery. In this play-by-play summary of a mortgage wire fraud, Thomas Cronkright walks through a timeline of a wire fraud, from discovery to resolution.
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  • Sounding the alarm: Mortgage wire fraud is a much bigger threat than you realize

    If you think mortgage wire fraud is a problem only for vendors, think again
    Fraud is an issue that we don’t like to think about in the mortgage industry. Yet it always seems to be there, lingering on the fringe of our focus. From time to time, the topic bubbles up in the news or at a convention. We talk about it, give it the proverbial “15 minutes of fame", but rarely are we forced to alter the way we do business or invest large amounts into protecting ourselves from it.
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