FFIEC Fraud Report February 2010

Posted by on Feb 23, 2010 in Fraud, Uncategorized | 0 comments The FFIEC has updated its fraud report to include more information about short sale and foreclosure fraud. This publication illustrates the various types of mortgage fraud, example scenarios and the red flags lenders should be aware of in order to properly detect fraud in advance of a loan closing.
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Texas MBA MDIA Summary

Posted by on Feb 23, 2010 in MDIA, TILA, Uncategorized | 0 comments The Texas Mortgage Bankers Association has published one of the clearest write ups that I have seen related to MDIA. For those of you still trying to confirm that your policies are correct, I recommend this bit of light reading. It’s only 6 pages and gets straight to the point. It’s also a great tool if you are new to compliance and need to get a handle on MDIA in a hurry.
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