In the second quarter of 2022, 0.76% of mortgage applications (1 in 131) contained instances of fraud, down from the same period last year Despite the decrease in overall mortgage fraud risk, both ...

Many leaders of organizations treat internal controls as a tedious task that sits at the bottom of their to-do list, and, because just about no one ever gets to the bottom of their to-do list, often ...

Proactive monitoring tools, such as a third-party hotline platform and data analytics, coupled with employee engagement and a ...

CoreLogic's annual report shows 3.1% decrease in Q2 2023. While overall risk of mortgage application fraud has decreased year-over-year, New York and Florida retained the highest risk among U.S.

The Financial Fraud Risk Indicator is a government-backed system that flags risky mobile numbers and blocks suspicious ...

The now-infamous fraud scandals that began in the energy sector and spread to other industries sparked a new era of corporate responsibility. It’s true that much of the impetus was driven by the ...

In its annual Mortgage Fraud Report, CoreLogic found that the risk of mortgage fraud for the 12 months ending June 2020 decreased 26.3% year-over-year nationally. Applications for investment ...

Eric Hill, an Atlanta real estate agent representing a nationwide homebuilder, had a plan to help more than 100 homebuyers get mortgages. The problem: They did not qualify for the loans. Hill’s scheme ...

Fraud experts expect the next few years to be a time of heightened risk as the damaging economic effects of the coronavirus pandemic create pressure and motive that can lead to wrongdoing. A new ...

New Delhi: The Financial Fraud Risk Indicator (FRI) has helped prevent the financial loss of Rs 660 crore in cyber fraud ...

The Department of Telecommunications (DoT) has said that about ₹660 crore in cyber fraud losses were prevented within six ...