Implementing A Successful Mortgage Fraud Prevention Training Program

- July 16, 2010, 2:24 am

In only a few years, mortgage fraud has grown into a major concern in the United States. In 2008, The Federal Bureau of Investigation (FBI) reported that 63,713 mortgage fraud reports were filed and more than $1 million was spent on investigations of such cases. With an increase of 1,333 percent since 2002, mortgage fraud has become a serious risk for banks and other financial institutions across the country.