3rd National Forum on Preventing, Detecting & Resolving

Mortgage Fraud

Advanced Solutions to Keep You Ahead of Fraudsters

Thursday, October 05, 2006

About

Can you afford not to pay attention to a $1 billion problem?

If so, read no further.

Mortgage fraud is one of the fastest growing white collar crimes in the United States. For the fiscal year 2005, FBI statistics reported over $1 billion in reported losses doubling from $429 million for 2004.1

With such alarming statistics, mortgage lenders need to stay ahead of the criminal curve by learning the most advanced and up-to-date strategies to prevent and detect mortgage fraud and how to get your money back once fraud does occur.

The publication for theAmerican Conference Institute's 3rd National Forum on Preventing, Detecting and Resolving Mortgage Fraud, is a collection of presentation materials from industry experts who share their expertise on:

  • Recognizing leading schemes and the top 10 mortgage fraud trends
  • Expediting the handling of your fraud files with the Feds
  • Reducing fraud on a macro level and in a high volume environment
  • Training your underwriting teams to spot fraud pre-funding
  • Promoting information sharing between lenders without risking liability
  • Preventing appraisal fraud: learn from examples where the fraud should have been stopped
  • Showing the capacity and value of your fraud department to the higher-ups

Contents & Contributors

About

Can you afford not to pay attention to a $1 billion problem?

If so, read no further.

Mortgage fraud is one of the fastest growing white collar crimes in the United States. For the fiscal year 2005, FBI statistics reported over $1 billion in reported losses doubling from $429 million for 2004.1

With such alarming statistics, mortgage lenders need to stay ahead of the criminal curve by learning the most advanced and up-to-date strategies to prevent and detect mortgage fraud and how to get your money back once fraud does occur.

The publication for theAmerican Conference Institute's 3rd National Forum on Preventing, Detecting and Resolving Mortgage Fraud, is a collection of presentation materials from industry experts who share their expertise on:

  • Recognizing leading schemes and the top 10 mortgage fraud trends
  • Expediting the handling of your fraud files with the Feds
  • Reducing fraud on a macro level and in a high volume environment
  • Training your underwriting teams to spot fraud pre-funding
  • Promoting information sharing between lenders without risking liability
  • Preventing appraisal fraud: learn from examples where the fraud should have been stopped
  • Showing the capacity and value of your fraud department to the higher-ups

Contents & Contributors


TOP 10 TRENDS IN MORTGAGE FRAUD SCHEMES: WHAT TO LOOK FOR
Sanford Doi, Freddie Mac (Woodland Hills, CA)

PREPARING YOUR CASE FOR PROSECUTORY CONSIDERATION
Mark G. Kasak, Option One Mortgage (Irvine, CA)

TAKING THE CASE: STRATEGIES FOR ENCOURAGING LAW ENFORCEMENT TO INVESTIGATE AND PROSECUTE MORTGAGE FRAUD CASES
Holly A. Pierson, Nelson Mullins Riley & Scarborough, LLP (Charlotte, NC)

PREFUNDING FRAUD DETECTION: WHAT WORKS & WHAT DOESN'T
Michael R. Pfeifer, Pfeifer & Reynolds, LLP (Orange, CA)

PREFUNDING FRAUD DETECTION TECHNIQUES: WHAT WORKS AND WHAT DOESN'T
Diane Alfeld, GreenPoint Mortgage Funding (Novato, CA)

RED FLAGS AND TECHNOLOGY
Sonya Faivre, Washington Mutual Bank (Houston, TX)
SHARING INFORMATION BETWEEN LENDERS WITHOUT RISKING LIABILITY
Merle Sharick, CPS Mortgage/Real Estate Business Development, MARI (Reston, VA)

HOW TO SHARE INFORMATION WITHOUT RISKING LIABILITY
Judy Yodonise, MortgageIT (Pasadena, CA)

IDENTITY THEFT: RED FLAGS AND SERVICING ISSUES
Kathleen Egan Wachovia Mortgage (Charlotte, NC)
Charles W. Sewright, CMAQuest Advisors, Inc. (Northbrook, IL)
Penny A. Paplanus, CMBNew Century Financial (Irvine, CA)

STRUCTURING YOUR FRAUD DEPARTMENT & MAKING FRAUD A PRIORITY WITHIN YOUR ORGANIZATION
Jill M. Simons, Washington Mutual Bank (Jacksonville, FL)

BUILDING A FRAUD GROUP
Erik Stein, Countrywide Financial Corporation (Simi Valley, CA)

MAKING FRAUD PREVENTION A PRIORITY IN YOUR ORGANIZATION
Dale Sugimoto, Option One Mortgage (Irvine, CA)

OVER-RELIANCE ON TECHNOLOGY WHAT ARE LENDERS MISSING?
Jacqueline A. Dreyer, The Prieston Group (Glen Allen, VA)

PROACTIVE VS. REACTIVE USING REAL FRAUD
Lisa Binkley, Rapid Reporting Verification Company (Ft. Worth, TX)

CSBS/AARMR NATIONAL MORTGAGE LICENSING SYSTEM
Bill Matthews, Conference of State Bank Supervisors (Washington, DC)

CONSUMER FINANCE LITIGATION
Wesley Few, Nelson Mullins Riley & Scarborough, LLP (Columbia, SC)

MORTGAGE FRAUD RECOVERY: GETTING THE MOST BANG FORYOUR BUCK
Michelle Canter, Franzen & Salzano (Norcross, GA)

BEWARE OF THE LAND SHARK: DON'T GET BITTEN BY MORTGAGE FRAUD
Linda Finley, Gambell & Stoltz, LLP (Atlanta, GA)

INTRODUCTION TO MORTGAGE FRAUD: FROM START TO A SUCCESSFUL FINISH
Linda Finley, Gambell & Stoltz, LLP (Atlanta, GA)



DOCUMENT TYPES: PRESENTATIONS AVAILABLE: 0