Fraud

August 16, 2018

Payments Fraud Still Major Challenge for Banks

Payments fraud hit a record high in 2017, with 78% of all organizations affected, according to a report from the Association of Financial Professionals and J.P. […]
July 18, 2018

Feds Arrest Dozens in Real Estate and Wire Fraud Bust

The federal government recently announced that it conducted a massive sweep and arrested dozens of people who allegedly participated in schemes designed to intercept and hijack […]
June 7, 2018

Mortgage Application Fraud Risk Down Nearly 20%

The ability-to-repay (ATR) standard is responsible for the reduction in loan application defects over the past four years, according to First American Financial Corp.  For April, […]
May 29, 2018

Cybersecurity Attacks on the Rise

A majority of organizations saw an increase in cyber security challenges in the past year and many experienced at least one incident, according to a new […]
May 10, 2018

Saldutti Law Group Achieves SOC 1 Compliancy

Saldutti Law Group, a leading credit rights law firm, is pleased to announce it has successfully completed a SOC 1 audit Type 1 examination of the firm’s […]
May 1, 2018

Mortgage Critical Defect Rate Decreases

An increase in the share of refinances drove the first decline in mortgage critical defects in 2017 during the third quarter, according to the Mortgage QC […]
April 10, 2018

In the Know: All About Bitcoin and Cryptocurrency

Everyone has heard about Bitcoin by now, especially its ability to rise (and fall) by thousands of dollars within a single day. Interest in the virtual […]
April 5, 2018

ARMs Have Lower Fraud Risk

Adjustable-rate mortgages (ARM) are likely to offset the increase in application defects in purchase mortgages as rising rates pull consumers away from refinancing, according to the […]
March 15, 2018

What is Synthetic Identity Fraud?

The use of synthetic identities is causing more credit card losses than ever. However, the rate of growth of this type of fraud is slowing, according […]