Some experts are suggesting that lenders make it a policy to review the disbursement ledgers for settlement services partners with whom they work. Too much fraud is currently being perpetrated in the form of payments to third parties that don’t show up on the HUD-1. Seller concessions are also being hidden and handled as off the closing table transactions. Builders are using these tactics to flip homes through third parties in order to hide concessions that would otherwise reduce the value of the property. More to follow…