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Lending: Reduce the Risk of Fraud Through Digital Asset Verification

Lending By Caren Karris / December 3, 2018
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Fraud in mortgage lending has reached its highest level since the Recession and is increasing by 12.4% year over year. Currently, the misrepresentation of income on mortgage applications is plaguing the housing market, up by 22.1% in the second quarter of 2018. This particular type of fraud costs lenders millions and adds to the due diligence necessary for every loan. Find out about the fraud risks around employment, income and asset verification and how you can arm yourself with the right technology to reduce liability in these areas.

Publisher: Plaid
Date: December 2018


Tags: Top Picks, White Paper

Caren Karris

As Director of Marketing, Caren Karris spearheads HW Media’s overall marketing strategy. Whether you’re looking for information on HousingWire products and events or just a snarky comment, Caren’s your girl. A Chicagoland native, Caren holds degrees from the University of Illinois and Northwestern University and has been a proud member of the HW Media team since 2017.

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