Mortgage fraud risk is on the rise, but lenders catch it more often due to technology
CNBC Televisionยท2025-08-27 15:36
Welcome back. President Trump's decision to fire Fed Governor Lisa Cook has brought the issue of mortgage fraud to uh the forefront, but the practice may be less widespread than you might think. Diana Olig joins us.She has that story. Diana. >> Well, David, mortgage fraud risk is rising slightly, but it's still at a very low level and lenders are catching it more often now thanks to technology.Mortgage application fraud increased just over 6% nationally in Q2 from a year ago. That according to Totality. Aga ...