The Minnesota Land Title Association is sponsoring a free phone seminar on “Detecting and Combating Mortgage Fraud”.
When?: Thursday, May 25, 2006 @ 1:00 p.m. – 2:15 p.m.
Where?: Stewart Title, 1700 W. 82nd Street, Suite 100, Bloomington, MN
Cost?: No charge!
Seminar Details:
Turning a blind eye to mortgage fraud could land you in federal prison.
Former Loan Officer Jerome Mayne tells you how it happened to him, during October Seminars? Mortgage Radio Show, ?Detecting & Combating Mortgage Fraud?: Thursday, May 25, 2006 1:00 – 2:15 p.m. Danger!… Proceed with Caution… Warning: Gray Area Ahead.
Jerome Mayne saw the ?signs? and took a gamble that he would not get caught. Four years later, he was arrested by the FBI and wound up spending 21 months in a federal prison.
Tune in to hear his compelling story and his revelations regarding the professional and personal consequences of committing fraud, including the ultimate consequence ? prison time.
You?ll also learn how to:
- Identify risk areas within the mortgage process
- Teach employees to look for the ?red flags?
- Use technology to detect fraud
- Expand your correspondent/broker channel to purchase quality loans
- Implement checks and balances for spotting identity theft
- Report fraudulent activity, including working with governmental agencies
If you?re feeling pressure from other mortgage service providers to operate in the ?Gray Area,? or suspect someone you work with is committing fraud, you can?t afford to miss this interactive audio conference.
