Threat actors across underground forums and chat groups are increasingly crafting structured fraud methods aimed at exploiting weaknesses in work processes of financial institutions. Rather than ...

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 ...

A new industry report from Celent, commissioned by Zest AI, reveals that fraud has moved from an operational cost to a direct contributor to credit losses—one that lenders are finding increasingly ...

When auto loans suffer losses they are “dramatically higher” than losses in other types of consumer credit products, according to a recent analysis by the credit bureau TransUnion. The average auto ...

Western Alliance is one of the regional banks facing concerns over loans made to non-bank financial players. The bank's CEO said he believes the alleged loan fraud that sparked a selloff last week is ...

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 ...

Thousands of pandemic-era loan borrowers in Minnesota have been suspended for suspected fraud, U.S. Small Business Administration's Kelly Loeffler announced Thursday night. Loeffler says 6,900 ...