DaylightAML CEO Bob Simpson on mortgage occupancy fraud
HousingWire Daily
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The Long Shadows of Mortgage Fraud: A Borrower's Story
This chapter examines the far-reaching effects of mortgage occupancy fraud on both borrowers and lenders, illustrated through a personal story of a borrower who faced devastating outcomes due to deceit. It also delves into the current evaluation of past fraud cases by lenders and the necessity of managing risks linked to historical fraudulent activities.
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Transcript
