The Federal Trade Commission published a consumer alert warning that unsolicited text messages claiming a loan has been ...
The Federal Trade Commission has issued a direct warning to consumers about a phishing campaign that uses unsolicited text messages to claim a $10,000 loan application is ready for follow-up. The ...
The same tech that’s advancing the mortgage industry is being used to create scams, drive fraud Mortgage scams have increased since 2022 from 14 incidents a month to 71, according to a study that ...
For Americans dreaming of owning a home, this decade has been brutal. From the end of 2019 to the end of 2022, the median sales price for homes sold in the U.S. soared 35%, according to the Federal ...
Mortgage fraud happens when someone omits or falsifies information in connection with the process of buying a house. This can be from predatory lenders trying to defraud borrowers or from borrowers ...
Long before it got involved with the dealmakers in mortgage fraud and had to write down tens of millions of dollars, Merchants Bank was a regional bank with a green frog logo, a five-story ...
The FCA has opened only one mortgage fraud investigation in 2025, raising serious concerns over detection methods ...