New York Brokers Weigh In on the problem of mortgage fraud.
It was a meeting of the Conference on fraud. If you think this is a major problem and, if so, how can we fight against it? I speak here for consumers.
GREGORY: We have seen that it (the application) does not seem wise. They are the next level of control and know there is nothing like a W-2, a scanner and a computer at home, himself a salary increase. I think we will see that the lender more proactively in 4506 (a form of copies of statements requesting IRS). The other thing about fraud is that I believe, fraud, because there are many mortgage programs (such as) 100% no doc. Perhaps this is the case of fraud, five years ago, where we, for income from work anyway. Joe and Sally are at home on their computer, that income from work anyway, or some unscrupulous manipulations of some copyright no. Frankly, you also have many other products, it will help to stop fraud.
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