WASHINGTON -The Mortgage Bankers Association has launched the Mortgage Fraud Against Lenders Resource Center, an online resource designed to be a one-stop shop for the industry to gather the information and tools they need to fight mortgage fraud. MBA President/CEO Jonathan Kempner said the MBA intends for the resource center to become "a virtual meeting place for lenders to share information and resources to protect their companies and their borrowers from being victimized by mortgage fraud against the real estate finance system." The Web site for the new resource center is http://mbafightsfraud.mortgagebankers.org. Among the information that will be kept on the Web site are: fraud alert updates on emerging fraud schemes; news and updates from Washington, D.C. and throughout the U.S. about fraud; a Lender Tool Box with resources that can be used by lenders in protecting themselves from being victims of fraud; a resource library of reports and helpful links; a comprehensive list of state and federal agencies where lenders can file reports of fraud; and information on educational programs focused on fraud.
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the "Reprints" link at the top of any article.
From the April-20, 2005 issue of Credit Union Times Magazine • Subscribe!
MBA Fights Fraud With New Online Resource Center
Want the latest credit union news?
Sign up for our free newsletter today! All the breaking credit union news and information you need to make the right decision for your credit union delivered to your inbox. For free!
Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!
Comments
Resource Center
View All »
Measure and Monitor the Risks and Opportunities in Loan Portfolios
Get a complimentary demo of our loan portfolio analytics and access to the white paper,...
