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Mortgage Fraud Special Report.
A public and mortgage industry debate on how fraud is affecting the marketplace is open and ongoing. Nobody has the ultimate tool to prevent it or uncover fraud. It is almost like a masked ball where the only thing obvious is the dancing floor.
Some in the industry are currently wondering whether 2006 will be a record year for identity theft, since data show that today, for instance, there are about three times more identities of U.S. residents on record than there are actual residents. Statistics by the Privacy Rights Clearinghouse indicated that during the first six months of 2006, over 32 million identities were stolen online.
Issues related to identity theft and fraud may vary depending on where one sits. Both the industry and customers face challenges. To protect customers and the reputation of the mortgage industry, the National Association of Mortgage Brokers recently said the Coalition Against Broker Fraud has created "a comprehensive database" on brokers and other financial business insiders who have been or are suspected to have been involved in ...
- Florida Association of Mortgage Brokers Announces Meetings Throughout the State.
- Press release article from: Business Wire October 2, 2002 700+ words
...third party providers, originators, mortgage brokers, independent bankers and wholesalers...Are: -- NO PAR PLUS - No YSP to mortgage brokers or table funders on ANY loans! -- MORTGAGE BROKERS/ORIGINATION FEES CAPPED - At application...
- Florida's Big Catch: Our experts at the Florida Association of Mortgage Brokers...
- Magazine article from: Broker Magazine September 1, 2005 700+ words
...reach retirement age, a lot of them have bucks, and it certainly is one of the things that is sustaining the prices in South Florida. I don't expect it's a bubble. SID: No, in those areas it's not. In areas like, say Pensacola Beach (it is...
- Florida's Big Catch: Our experts at the Florida Association of Mortgage Brokers...
- News wire article from: Mortgage Line September 15, 2005 700+ words
...reach retirement age, a lot of them have bucks, and it certainly is one of the things that is sustaining the prices in South Florida. I don't expect it's a bubble. SID: No, in those areas it's not. In areas like, say Pensacola Beach (it is...
- South Florida unemployment holds steady despite construction layoffs.
- Newspaper article from: South Florida Sun-Sentinel (Fort Lauderdale, FL) September 22, 2007 700+ words
...Brackey Sep. 22--South Florida's jobless rate is...people who used to be mortgage brokers to become recruiters...Alliance. Overall, South Florida continues to lead...To see more of The South Florida Sun-Sentinel or...
- FAMB ``Gold Coast'' Chapter Launches Home Ownership Workshops in South Florida.
- Press release article from: Business Wire December 31, 2003 700+ words
...2003 Florida Association of Mortgage Brokers ("FAMB") Broward County...first time home ownership in South Florida. These seminars are part of...the Florida Association of Mortgage Brokers is the nation's oldest professional...
- FREDDIE MAC, SFBOR AND LENDERS LAUNCH INITIATIVE; LP ON TRACK FOR RECORD...
- Magazine article from: Mortgage Banking October 1, 1999 700+ words
FREDDIE MAC, THE SOUTH FLORIDA BOARD of Realtists(R) (SFBOR...increase minority homeownership in South Florida. H2O provides homebuyer counseling...Federal, along with several local mortgage brokers, will participate with Freddie...
- Damage from Wilma hampers home sales in South Florida.
- Newspaper article from: South Florida Sun-Sentinel (Fort Lauderdale, Florida) (via Knight-Ridder/Tribune Business News) November 7, 2005 700+ words
...but other banks aren't as understanding, agents and mortgage brokers say. "Right now, nerves are frayed for buyers and sellers...nearby storage facility until he can finish the drive to South Florida. "It's been frustrating," he said. "I've got this...
- The Miami Herald & US Condo Exchange Form Powerful New On-line Advertising...
- Press release article from: Business Wire March 14, 2006 700+ words
...especially pleased to be bringing this opportunity to the South Florida condo market which deserves this state-of-the-art...US Condo Exchange also serves lawyers, escrow agents, mortgage brokers, banks, title insurers and other service providers to...