The same tech that’s advancing the mortgage industry is being used to create scams, drive fraud Mortgage scams have increased since 2022 from 14 incidents a month to 71, according to a study that ...

When auto loans suffer losses they are “dramatically higher” than losses in other types of consumer credit products, according to a recent analysis by the credit bureau TransUnion. The average auto ...

Dave Rossi highlights why application fraud remains one of the least visible forms of financial crime despite the scale of ...

Mortgage fraud happens when someone omits or falsifies information in connection with the process of buying a house. This can be from predatory lenders trying to defraud borrowers or from borrowers ...

Millions of COVID-relief loans kept businesses afloat. Now, a fraction of borrowers are under scrutiny as federal agencies ramp up efforts to recover funds or prosecute suspected fraud. But ...

Western Alliance is one of the regional banks facing concerns over loans made to non-bank financial players. The bank's CEO said he believes the alleged loan fraud that sparked a selloff last week is ...

TAMPA, Fla. (WFLA)— A Belleair man was found guilty of COVID loan fraud while using his former business partner’s identity, who died in 2019. According to the Department of Justice, a federal jury ...

Fraudsters allegedly hijacked Aadhaar-linked identity using AI tools, enabling illegal e-KYC and loan approval in Ahmedabad case.