Interthinx VP Constance Wilson was on hand for a session called Maximizing Fraud Detection in Times of Economic Unrest at today’s MBA Fraud Issues Conference in Las Vegas. Speakers on the panel, representing experts from around the industry, all agreed that income fraud is at the top of the list this year. Having a solid 4506-T process in place to verify income is vitally important. Even more importantly, according to panelists, was making it clear to everyone that the lender has a process in place to mitigate fraud. Fraudsters are cherry picking and targeting institutions they feel are not screening adequately for fraud. More to follow...