IF ISSUES RELATED TO MORTGAGE FRAUD CONCERN YOU...

On Thursday, Jan. 26, at 2:00 p.m. EST, a national audience of loan originators, mortgage bankers, secondary marketing professionals and servicing managers will meet to participate in this special Web-based seminar. The topic at hand is mortgage fraud and its many challenges, and the webinar will present strategies and skills to effectively manage fraud-related risks.

A G E N D A

Thursday, January 26
2:00 p.m. - 3:30 p.m. EST

Click here to read speaker bios

Managing Fraud in Portfolio Acquisition & Servicing

2:00-2:05

2:05-2:15

Fraud has affected mortgage lending, secondary marketing and loan servicing in significant ways. Here, data on the prevalence of fraud will be presented, including information about the most common fraud schemes and how they manifest themselves; geographical hot spots; and assessing broker/correspondent relationships. Commentary regarding fraud's cost to the industries - in dollars and consumer backlash - and information about fraud-related legislation and regulation will be offered.

2:15-2:25

This viewpoint will assess how fraud has affected lending and secondary marketing operations. In the context of fraud at the securities and portfolio level, we will discuss information concerning the risks associated with having fraud loans on the books, as well as strategies to ensure portfolio quality prior to sale in the secondary market.

2:25-2:40

The risks fraud brings to the investor community will be covered in this portion. We will examine how lenders and servicers can help minimize those risks, to all parties' benefit. The discussion will focus on investors' experiences with fraud and the associated losses, and will offer suggestions on developing in-house quality control.

2:40-2:50

There are operational strategies and various tools that are designed to keep fraud out of portfolios. This section of the program will concentrate on assessing originated-loan quality and detecting fraud before approaching the secondary market. Employing aggressive quality control measures, flexing technology to pinpoint collateral and loan aberrations, and adequately training staff are essential.

2:50-3:00

This portion will offer suggestions for identifying and remedying extant fraud within portfolios. Analyzing portfolios when bringing loans to the secondary market or considering the purchase of a portfolio is supported by robust technology and sophisticated due diligence methodologies.

3:00-3:10

Despite preventative measures at the front end, fraud is often undetected until a particular loan goes into default. In this discussion, we will examine how fraud complicates mortgage servicing, outline the responsibilities servicers have to investors, and explain the resources that servicing shops can leverage to battle fraud.

3:10-3:30

Program Concludes