The same tech that’s advancing the mortgage industry is being used to create scams, drive fraud Mortgage scams have increased since 2022 from 14 incidents a month to 71, according to a study that ...

Mortgage fraud happens when someone omits or falsifies information in connection with the process of buying a house. This can be from predatory lenders trying to defraud borrowers or from borrowers ...

When auto loans suffer losses they are “dramatically higher” than losses in other types of consumer credit products, according to a recent analysis by the credit bureau TransUnion. The average auto ...

Thousands of pandemic-era loan borrowers in Minnesota have been suspended for suspected fraud, U.S. Small Business Administration's Kelly Loeffler announced Thursday night. Loeffler says 6,900 ...

Western Alliance is one of the regional banks facing concerns over loans made to non-bank financial players. The bank's CEO said he believes the alleged loan fraud that sparked a selloff last week is ...

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Fraudsters allegedly hijacked Aadhaar-linked identity using AI tools, enabling illegal e-KYC and loan approval in Ahmedabad case.