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Posts by Joan Ferenczy

VP Joan Ferenczy

VP Joan Ferenczy

Joan Ferenczy is the Vice President of Enterprise Fraud Risk at Freddie Mac. Ferenczy first joined Freddie Mac in 1982 and has held a number of positions of increasing responsibility with the company's fraud investigations unit since 1989. Ferenczy reports to Mark DeLong, Freddie Mac's Senior Vice President of Enterprise Operational Risk. Under Ferenczy’s direction, Freddie Mac’s team of professional investigators aggressively investigate individuals and companies who may have committed fraudulent acts involving mortgages owned by Freddie Mac. Over the years, these investigations have led to hundreds of indictments and convictions by federal and state prosecutors, and tens of millions of dollars in civil judgments and restitution orders.

This is the Week to Learn About Mortgage Fraud

Fraud continues to threaten homebuyers, renters and the mortgage industry. The latest report from CoreLogic, a real estate information company, says fraud is on an upward trajectory and estimates that some 13,000 mortgage applications made during the second quarter had indications of fraud.

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How to Get a Home Without Getting in Trouble

Ah, spring – when people buy homes, find new places to rent, write checks, sign complex legal documents and – too often – fall victim to real estate fraud. That's why it is so important to know how to protect yourself from fraud before you sign along the dotted line on a lease or a closing document.

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