Description
Take an indepth look at mortgage fraud and its impact across the banking industry.It’s estimated that mortgage fraud such as lying on loan applications and inflated appraisals will cost the industry about 2.5 billion annually for several years. The 10 trilliondollar mortgage industry is still rife with fraud. Mortgage brokers, real estate agents, buyers, sellers, appraisers and builders can all commit fraud on any property transaction. The solution is to be vigilant through all steps of the mortgage process. We will discuss different types of mortgage scams and how to investigate them. Many of the investigations discussed can be accessed through public records or lowcost databases.
Date: 2019-06-27 Start Time: End Time:
Learning Objectives