Mortgage Fraud Detection Improving, Treasury Unit Says 

The Financial Crimes Enforcement Network, otherwise known as FinCEN, said Friday that an analysis of suspicious activity reports — SARs to most of us in the industry — found that reporting financial institutions were becoming more adept at identifying fraud. The study looked at SAR filings from March 2007 to 2007, and compared the data with ten previous years of SAR reporting. Institutions posted a 50 percent increase in the number of SARs that reported intercepting the suspected fraud prior to funding a mortgage, FinCEN said.