EAGAN, Minn. - (Business Wire) Loan schemes. Identify theft. Inflated appraisals. Mortgage Fraud is the fastest growing white-collar crime in the United States. Unfortunately, it's not just hardened criminals that commit mortgage fraud. Despite increased lender attention to fraud prevention, statistics show an increase in lenders filing mortgage fraud suspicious activities reports. The changing real estate market and increased foreclosures have resulted in an unprecedented number of new fraud schemes and new twists on old techniques.
AllRegs, the leading online publisher for the mortgage lending industry, announces open registration for the Mortgage Fraud Blog Conference to be held November 4-5, 2008 in Miami, Florida at the Miami Regency Hyatt. This conference is designed for Professionals, Managers and Attorneys concerned with the following areas: Loss Mitigation and Asset Recovery; Legal Departments; Quality Assurance; Quality Control; Regulatory Compliance; Appraisers; Law Enforcement; Mortgage Brokers and Mortgage Lenders.
Mortgage Fraud Blog is the premiere site for mortgage fraud news and information and its editor, Rachel Dollar, CMB, is at the forefront of the fight against fraud. This conference is focused on guiding lenders, mortgage brokers and other industry participants in identifying and preventing fraud and recovering losses when lenders are victimized. Led by industry experts and top-notch attorneys, the conference will continue this exciting dialogue and provide participants with tools to use in their daily fraud prevention efforts.
The first offering of this event was held in November 2007 in Las Vegas. Conference topics were timely and well-received by the audience. When asked what she liked best about the conference, Nancy King, with M.G.I.C. in St. Peters, MO, references “the variety of topics, the opportunity to meet several people from different aspects of the industry and the timeliness of the conference schedule.” Dan Ferris, with NetMore America in Happy Valley, OR, liked the opportunity to network and identify professionals versed in fraud issues.
“The tumultuous environment in the mortgage industry has created a new breed of mortgage fraud perpetrators and a host of opportunities for new schemes,” said Dan Thoms, senior vice president for AllRegs. “This conference will bring industry professionals together to learn from fraud investigators, agency professionals and detection crusaders committed not only to increasing awareness, but also to providing strategies for managing loss mitigation and recovery.”
At the Mortgage Fraud Blog Conference, you will:
- Learn to develop and effectively present evidence to management, attorneys and law enforcement
- Watch prosecutors and criminal defense attorneys argue common fraud issues and learn
- Hear about options for recovery of fraud losses and find out what types of recovery actions are most successful
- Discover effective arguments on both sides of the repurchase issue
After attending the Mortgage Fraud Blog Conference, you will:
- Know what the new schemes are and how they operate
- Understand what industry experts and law enforcement believe are the next vulnerable areas that fraudsters will target
- Be able to identify your organizational objectives and structure policies and procedures to meet them
- Know how and why appraisers commit fraud and how to protect your company
- Understand the industry and legislative initiatives being developed to combat fraud
Registration is $895 per person, with a $100 discount for registrations received before October 4, 2008. To register or to learn more about the Mortgage Fraud Blog Conference, visit www.mortgagefraudblog.com/conference2008, call (800) 848-4904 or email help@allregs.com.
Various conference sponsorship and exhibitor opportunities are available. Contact Dan Thoms at dthoms@allregs.com or at (651) 289-4801 to secure your sponsorship and booth space today.
About AllRegs: First introduced in 1989, AllRegs is used by virtually all of the top 100 lenders as well as throughout numerous governmental agencies, including Fannie Mae, Freddie Mac, the FHLBs, FHA, VA, RHS, Ginnie Mae, and more. AllRegs is the exclusive electronic publisher of the Fannie Mae and Freddie Mac Single and Multi-Family Seller/Servicer Guides, The Federal Home Loan Banks’ MPF Program Guidelines, and CalPERS’ Member Home Loan Program Guidelines. Products include single and multifamily underwriting & insuring guidelines as well as federal compliance laws and regulations, state compliance laws and regulations with plain-language analyses, contract publishing services for retail and wholesale lenders and a library of historical guidelines. The educational division, AllRegs Academy, offers distance learning, classroom training, and the MortgageMentor™ series.
For more information call (800) 848-4904 or go to www.allregs.com.
For AllRegs
Media Contact:
Meredith Boyd, 678-781-7219
