To Reduce Fraud Risk in 2021, Less is More, Thanks to Science - Mortgage Banker Magazine

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By Frank McKenna, Point Predictive The economic fallout of 2020’s pandemic brought historic unemployment levels that we expect will lead to an increase in mortgage fraud rates in 2021. Experts expect to see more income and employment misrepresentation, higher incidences of credit washing, and an emergence of synthetic identity schemes that could make fraud detection …