Brand Mortgage Company
CBC National Bank
Chicago Title Insurance Company
Essent Guaranty
First American Title Insurance
Gateway Compliance
Gilroy Bailey Trumble LLC
Market Valuation Services
Stewart Title Guaranty Company
Taylor English Duma LLP

National Mortgage News: How To Keep Fraud Out of 3% Down Mortgages.

 Lenders need to have monitors in place to safely originate 3% down loans and reduce application fraud risk, said Bridget Berg, senior director of fraud solutions strategy at CoreLogic.

FBI Alert

For your situational awareness, please click here for a informational document titled “Financial Fraud Kill Chain”.  The document, produced by FBI Cyber Division,  provides guidance for businesses hit by fraudulent wire transfers. 04.2016        

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Photos From 2016 GREFPAC Conference

A Note From KeyNote Speaker Rob Chrisman that he sent just before heading to Atlanta

I head to Atlanta today for a conference on preventing fraud, and decided to see what its housing market has been up to recently. It turns out that Atlanta's market is experiencing the same improvement & lack of listings that many other urban areas have been seeing - many folks, you and old, want to live near the downtown. Average and median sales prices for 11 metro Atlanta counties continue to outpace last year's figures, according to the Atlanta Board of Realtors. The median sales price (half above, half below) for Atlanta in January 2016 was $213,000, a 9.2% increase from last January. The average sales price was $275,000, up 8.7% from the previous year. Demand saw a 3.3% jump from last year and January residential sales were at 2,694. Supply dropped 3.8% from January 2015. New listings were down almost 7% from January 2015 and up 40.4% from the previous month. Unfortunately I also came across this story - how do you like this quote in the press regarding the impact of lending on Black & Hispanic neighborhoods: "High-cost lenders are targeting these communities, preventing them from building wealth to pass on to their children." 


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