Tag Archives: fraud and misrepresentation risk

Mortgage Loan Application Defects: Where Are They Most Prevalent?

After the financial crisis that was in no small part brought on through mortgage products such as ‘liar loans*’, lending institutions have become much more conservative! Some of this conservatism was mandated through imposed federal government regulation such as Dodd-Frank while some was through the publics distaste for these types of loans. But lending institutions now […]