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Home » Store » Taxable » Identity Theft and Fraud Problems in Credit Card Industry May Migrate to Mortgages

Identity Theft and Fraud Problems in Credit Card Industry May Migrate to Mortgages

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The fraud and identity theft problems that recently plagued the credit card industry could migrate to the mortgage industry, according to the Mortgage Bankers Association. In a new white paper, “Protecting Personal Information: The Good, the Bad, the Ugly,” the MBA says that a crackdown on identity theft by credit card companies could leave mortgage lenders vulnerable, especially those that issue home-equity lines of credit. …
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