Fraud Schemes
Find out about mortgage Fraud Schemes impacting our industry, including Backwards Application and Identity Theft.
Fraud Schemes: Introduction
Module 1 of 10
Familiarize yourself with the mortgage Fraud Schemes impacting our industry.
Fraud Schemes: Backwards Application and Identity Theft
Module 2 of 10
Explore how the Backwards Application scheme works and how Identity Theft impacts consumers.
Fraud Schemes: Strawbuyer and Occupancy Fraud
Module 3 of 10
Strawbuyer and Occupancy Fraud are becoming more common. Learn the basics of these schemes to help identify if this is happening in your loan files.
Fraud Schemes: Flip Transaction
Module 4 of 10
Learn how the Flip Transaction impacts our communities, as well as some tips on how to detect this popular fraud scheme.
Fraud Schemes: Real Estate Wire Fraud
Module 5 of 10
Wire Fraud is one of the fastest growing cybercrimes in the U.S. Build your knowledge on how this scheme works.
Fraud Schemes: Foreclosure Rescue
Fraud Schemes: Chunking
Module 7 of 10
Learn how consumers are deceived into the Chunking Scheme with a real-life example.
Fraud Schemes: Air Loans and Builder Bailout
Module 8 of 10
These complex schemes can cause significant losses. Learn more about the Air Loan and Builder Bailout schemes.
Fraud Schemes: Internet Fraud
Module 9 of 10
Using the internet to engage in fraudulent mortgage transactions is growing. Learn how internet fraud is changing the industry and leading to larger and more costly schemes.
Fraud Schemes: Check Your Answers
Module 10 of 10
Now that you’ve completed this course, verify your answers.