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Corresp., AE, MLO Jobs; Diversity, VA, Pricing, Servicing Products; Freddie's Renovation Product and Fannie Updates

Posted To: Pipeline Press

Last week I was in Orange County at the Insellerate Experience Summit 21, and this week I am 2,500 miles away in Orlando, FL at the Lenders One Summit. Unfortunately Florida metro areas are seeing increased mortgage fraud (the headline speaker today is Frank Abagnale ) and several years ago a business associate recommended that I never mention the term “fraud” in my commentary since web searches would associate me with illegal activities. I never went along with that (and have also never paid a penny to any search engines) and I continue to write about fraud, since lenders and vendors can learn from recent court cases ( like this one ) and can teach their staffs about them and the flow of money. “Trust but verify.” CoreLogic just released its quarterly mortgage fraud…(read more)

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