Fraud. It truly is an American epidemic. Epidemic may sound like a strong word, but after considering the latest figures on real estate fraud, you may feel the word isn't quite strong enough. In this detailed guide to mortgage fraud, you and your staff will discover the most common types of mortgage fraud, how the bad guys operate, and how to develop a pre-funding audit system, so you can be vigilant about combating and stopping fraud every step of the way. In the groundbreaking
An American Epidemic
, you'll learn:
The most common types of mortgage fraud
What the hot fraud schemes are today
Who are the typical suspects
The scope of the problem and how far it has gone
What fraudsters say to get a loan
Tracking down the paper trail
How to use the Patriot Act to your advantage With twenty-five years of experience in the mortgage and real estate business, author Michael S. Richardson discovered fraud within his own company. Michael never thought it could happen to him, but it did. Don't become a victim of fraud. Follow the advice in
and safeguard your interests now!