Category: Fraud

Operational Enhancements Result in Lower Mortgage Fraud Risk

DSNews BY: Xhevrije West Mortgage fraud risk is being lowered by changes in residential origination practices and new regulation. According to a Fitch Ratings report released Tuesday, since the financial crisis, risk of fraud and misrepresentation has declined. “A key driver behind the poor performance of the peak vintage collateral was weak operational controls for the information […]

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