by Cain Daniel | Jul 6, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, News, REMIC Blog
Tighter mortgage controls, identity theft and faster switching are blamed for surge in imposter applications for current accounts Source: Current accounts overtake mortgages as fraud of choice | Money | The Guardian
by Cain Daniel | Jun 22, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Property Value Fraud The Appraisal Property value fraud can occur when criminals, in association with a dishonest appraiser, may have a property appraised at a higher value than it is worth. The criminal will then obtain a mortgage based on the inflated value and...
by Cain Daniel | Jun 17, 2015 | Mortgage Brokering, REMIC Blog
5 Steps in Fraud Prevention It is of vital interest to both the integrity of the mortgage brokerage industry and the mortgage industry as a whole that mortgage fraud be prevented whenever possible. As criminals use more sophisticated methods of committing fraud it is...
by Cain Daniel | Jun 17, 2015 | Marketing, Mortgage Brokering, REMIC Blog
11 Ways Consumers Can Prevent Mortgage Fraud While there are several methods available to industry participants to assist in preventing fraud, there are also several approaches available to consumers. The following advice should be given to a mortgage agent’s...
by Cain Daniel | Jun 15, 2015 | Mortgage Brokering, REMIC Blog
Mortgage Fraud for Shelter Fraud for shelter is one of the most common forms of fraud in the mortgage industry. This type of fraud occurs when an individual wishes to purchase a home in which to reside with no intent to abscond with mortgage funds or fraudulently sell...
