Interthinx vice president Ann Fulmer is on hand today at the MBA’s Fraud Issues Conference in Las Vegas. She moderated a panel session this morning entitled Fighting Fraud and Working with Law Enforcement. The panelists: Rosemary Canales,
Investigator for Wells Fargo Home Mortgage, Craig Weitzel, Fraud Investigator for Taylor Bean and Whitacker and Glenn TheoBald, Chief Counsel, Miami-Dade Police Department and Chairman, Mayor Alvarez Mortgage Fraud Task Force. Speakers emphasized the importance of forming strong relationships with local, state and federal law enforcement officials. They work on different types of cases so it’s important for lenders to know officials at all levels. Also, be sure to specify an estimated amount of loss on a Suspicious Activity Report (SAR), even if you’re not sure. SARs without an amount go to the bottom of the pile. More to follow…