How can you protect your organization from the risks and costs associated with mortgage fraud? You need to be able to detect mortgage scams being used in the marketplace, and learn what you can do to prevent your organization from being a mortgage fraud victim.
This +-day workshop will include discussions and case studies about various types of mortgage fraud that may prevail in your market, including:
Investment Property Scams
Affinity Mortgage Fraud
Inflated Appraisals
You will also learn best practices and other ways Freddie Mac assists the mortgage industry with fraud prevention. We'll provide insight about creating and maintaining an effective quality control program, which is an important component to ensuring quality loan performance and success for your organization.
Prerequisites:
You must be an approved Freddie Mac Seller/Servicer to attend this workshop.
Objectives:
Improve your ability to detect mortgage fraud, and learn ways to avoid being a victim.