Lagging tech adoption, issues with credit, and originators' rush to close refinances earlier this year contributed to deterioration, a study found.

The Federal Open Market Committee member is the third Democrat the Trump administration has accused of committing occupancy fraud.

A FICO survey shows 33% think exaggerating income on credit applications is acceptable. Ironically, many also prioritize strong fraud prevention from banks.

Complaints to the Consumer Financial Protection Bureau have skyrocketed in the first half of 2025, due in part to an increase in payment scams generated by social media that target peer-to-peer payment platforms such as Zelle, Venmo and other apps.

Bill Pulte and the government-sponsored enterprise's chief executive will be working with a firm that analyzes big data and utilizes artificial intelligence.

Fannie Mae set aside $752 million for credit losses in its apartment complex lending business in part because of fraud or suspected fraud, denting profits amid an industrywide scrutiny of borrowers. 

Critical defects increased for the second consecutive three-month period, with appraisal-related errors nearly doubling, Aces Quality Management said.

Companies are seeing evidence of income falsification, which previous research shows is the most common type of fraud or defect risk.

The lender had previously revealed that personally identifying information from 16.6M customers had leaked, but hadn't offered these details.

One in every 123 purchase applications showed indications of fraud in the second quarter, outpacing the first, the report found.