Preventing Mortgage Fraud & Foreclosure Scams
Free FHA Webinar for Appraisers on Preventing Mortgage Fraud and Foreclosure Scams
The Federal Housing Administration (FHA) is offering a webinar on February 28, 2012 on Preventing Mortgage Fraud and Foreclosure Scams:
February 28, 2012 – Preventing Mortgage Fraud and Foreclosure Scams Webinar. The webinar will provide information on the detection and prevention of Mortgage Fraud and Foreclosure Scams and is presented by the Department of HUD, Federal Reserve Bank, Federal Trade Commission, and the Federal Deposit Insurance Corporation. The intended audience includes Mortgage Industry (lenders, housing counselors, real estate agents, appraisers);Regulatory/governmental entities; and Consumers. Registration required, no fee.
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One of the most interesting aspects of foreclosure fraud is how long it takes for various scams to come to light. Just FYI, be careful when providing foreclosure assistance services if you are an appraiser.
Three California Residents Sentenced in $20 Million Mortgage Fraud Scheme