Home | Business News | Browse by Publication | B | Broker Magazine

Zero Tolerance on Mortgage Fraud.

Publication: Broker Magazine
Publication Date: 01-DEC-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: James Comtois

Lenders need to go back to the basics to catch origination fraud, said one expert during the SourceMedia Mortgage Fraud Conference in Las Vegas. Several speakers declared there must be a "zero tolerance" policy in place as the cornerstone.

With a zero tolerance policy, Gary Lacefield, executive vice president, director of compliance at WR Starkey Mortgage, said, the fraudsters will know which company to stay away from, noting the clichA[c], perception is reality.

The mortgage...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Broker Magazine
Adapting to Shifting Fraud Trends; Despite an increase in enforcement,..., December 01, 2008
Use People Priorities to Survive Economic Storm., December 01, 2008
ROUNDTABLE: If You're Going to San Francisco; Amid the protests at the..., December 01, 2008

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.