Monday, March 16, 2009
The MBA’s Fraud Issues Conference in Las Vegas opened this morning with a keynote address designed to provide an industry update on the fight against mortgage fraud. There were not many surprises offered to those working hard in this industry. The uninitiated learned that fraud is bad and getting worse. Especially in Las Vegas, which seems to be a testing ground for fraudsters. According to Jeffrey Klurfeld, Regional Director of the Western Region for the Federal Trade Commission, there has been an up tick in foreclosure rescue scams in his region. We’ll be reporting on the rest of the conference to give you information about how the industry is fighting all manner of mortgage fraud. More to follow...
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