Data shows mortgage fraud is increasing, so it is important to know what is considered to be mortgage fraud and how to avoid common schemes and scams.
The same tech that’s advancing the mortgage industry is being used to create scams, drive fraud Mortgage scams have increased since 2022 from 14 incidents a month to 71, according to a study that ...
Learn how to safeguard your HELOC against fraud. Tips include monitoring statements, protecting personal info, and contacting ...
Lying on a loan application might seem like a quick solution to secure funds, but it carries serious financial and legal consequences. Penalties range from immediate loan denial or forced repayment to ...
Former chancellor Rishi Sunak has defended the Covid-era Bounce Back Loan scheme, saying speed was essential and he would ...
When auto loans suffer losses they are “dramatically higher” than losses in other types of consumer credit products, according to a recent analysis by the credit bureau TransUnion. The average auto ...
The former chancellor Rishi Sunak has defended his pandemic-era Bounce Back Loan scheme against accusations that it was ...
Merchants Bancorp of Indiana, a regional bank with a $500M multifamily loan book, has more than quintupled the money it has set aside to cover potential losses because of an increase in fraud in its ...