Hold On to Your Wallet

Hold On to Your Wallet

Fraud isn’t exactly rampant in the mortgage field. But it does happen, perhaps more frequently than you’d think. Sometimes, it’s the would-be borrower who commits the crime. Some lie on their applications about how much they earn, how long they’ve been on their...

How to educate clients about fraud

How to educate clients about fraud

There’s a lot of discussion about phishing scams in the mortgage industry, and it’s well-deserved; the latest RSA Quarterly Fraud Report indicates that phishing accounts for 50% of all fraud attacks, and that’s up 70% from the previous quarter. The biggest threat,...

FHA loan limits to increase in most of U.S. in 2019

FHA loan limits to increase in most of U.S. in 2019

Limits increase in more than 3,000 counties The Federal Housing Administration announced its new loan limits for 2019, and it looks like most of the country will see an increase. In high-cost areas, the new FHA loan limit ceiling increased to $726,525, up from...

FRAUD AWARENESS VIDEO FROM ALTA