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Home » Store » Taxable » Fighting Mortgage Fraud Starts Up Front

Fighting Mortgage Fraud Starts Up Front

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What’s the biggest threat facing mortgage origination shops these days? Some may point to new predatory lending laws or competitive pressures. But experts warn there’s another, often overlooked, threat that could have a significant impact on the ability of lenders to profitably make loans: fraud. How widespread is the problem? Well, the FBI reports that it received 17,127 suspicious activity reports related to mortgage lending last year — nearly three times more than…
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