April 2, 2019
As the housing market becomes more competitive, homebuyers are increasingly pressured to seek out larger loans – leading some to misrepresent their income on loan applications. […]
February 5, 2019
In December, defect risk continued to rise across the country, according to the latest First American Loan Application Defect Index. According to the report, the frequency […]
January 24, 2019
January 24, 2019
As the partial government shutdown drags on and 800,000 federal workers remain unpaid, experts at Moody’s Investors Service issued a note of caution to mortgage lenders […]
November 13, 2018
The cost of fraud has increased in 2018 as the rise of digital lending brings unique fraud prevention challenges, according to the “True Cost of Fraud” […]
November 9, 2018
November 9, 2018
New chip-enabled credit cards, which were rolled out to U.S. consumers starting in 2015, were supposed to put an end to rampant credit card fraud. So […]
October 11, 2018
Mortgage application defect risk is down from a year ago, but Hurricane Florence will likely tear through results in affected areas in the coming months. The […]
September 21, 2018
September 21, 2018
Banks have seen their reputation with the public tumble since the financial crisis. A recent poll published by the American Enterprise Institute sheds some light on […]
September 18, 2018
September 18, 2018
Mortgage fraud risk has hit its highest level in seven years, according to new data from CoreLogic. The report shows a 12.4% year-over-year increase in fraud […]
August 20, 2018
August 20, 2018
The rate of mortgage defects was down by more than 8% year-to-year during the month, according to First American Financial Corp.’s Loan Application Defect Index. Among […]