ORLANDO, FLA. - Mortgage fraud was a hot topic at the Mortgage Bankers Association's 92nd annual Convention and Expo 2005 held here last week, with participants noting the financial drain to both lenders and borrowers at the panel titled Mortgage Fraud Against Lenders: The Growing Threat to Lenders and Homeowners.

"The industry needs to be the driving force in combating mortgage fraud," said MBA Director Timothy Doyle, noting the Association's efforts to "raise the profile" of this growing problem that led to a Congressional hearing on mortgage fraud against lenders.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.