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News for: Mortgage Fraud
Showing 1 - 5 of 5 results
Feb 21, 2026 6:37 AM — Mortgage Fraud
Feb. 20: Marketing, LO jobs; fraud, retention, marketing tools; thoughts on assessing income; STRATMOR & org. structure; non-Agency updates
The article discusses the potential increase in mortgage fraud due to the popularity of artificial intelligence. It also mentions a class-action lawsuit against Rocket Companies for allegedly steering homebuyers to its in-house services. Additionally, it highlights some job opportunities and new product launches in the mortgage industry.
Dec 4, 2025 12:31 PM — Mortgage Fraud
Government watchdog investigating Pulte’s handling of mortgage fraud referrals
The U.S. Government Accountability Office is investigating FHFA Director Bill Pulte's handling of mortgage fraud referrals which were made to the Department of Justice. The investigation was prompted by concerns raised by eight Democratic senators regarding the process followed by Pulte and potential misuse of resources. Pulte's actions have also been questioned in relation to disclosure of person... more
May 28, 2025 10:02 AM — Mortgage Fraud
Fannie Mae partners with Palantir to weed out fraud
Fannie Mae, an influential government-related mortgage investor, is partnering with Palantir, a company involved in artificial intelligence for financial services to fight against fraud. Despite interest rate volatility, prepayment rates have increased to levels last seen in October.
May 13, 2025 4:00 AM — Mortgage Fraud
Feds accuse Trump adversary Letitia James of loan fraud
The article discusses a federal grand jury investigation into New York Attorney General Letitia James regarding allegations of mortgage fraud. The investigation, led by the Department of Justice and the FBI, focuses on accusations made by Federal Housing Finance Agency Director Bill Pulte, claiming that James falsified documents in Virginia and New York State. If proven true, James could face civi... more
May 6, 2025 3:00 PM — Mortgage Fraud
Fannie, Freddie to 'talk to each other' to combat fraud
The article discusses the Federal Housing Finance Agency's decision to allow Fannie Mae and Freddie Mac to collaborate in order to combat fraud, despite being competitors in the mortgage space. The agency has also made fraud a priority, introducing new measures such as a mortgage fraud tip line and potential loan recalls. The article also mentions that mortgage rates remained stable despite some m... more
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