Lenders Compliance Group, the national mortgage compliance and risk management firm, announced today the "Focus on Fraud" webinar. It will be given on August 26, 2009 at 1:00PM EST, and presented by Michael S. Richardson, Director/Forensic Mortgage Services and a nationally recognized authority on preventing mortgage fraud.
Titled “Focus on Fraud,” this comprehensive, 3 hour webinar trains attendees in detecting mortgage fraud. Registration is available at: http://webinars.lenderscompliancegroup.com/
This unique webinar is a 3 hour, comprehensive training environment in forensic loan reviews. PLUS, participants receive Mr. Richardson's well-respected book on preventing mortgage fraud, “An American Epidemic: Mortgage Fraud - A Serious Business.” This is the book ordered and used by HUD!
The “Focus on Fraud” webinar answers such questions as: “What are the major types of fraud?” “What to do when fraud has been detected?” “What are the "red flags" for underwriting?”
A key feature of the webinar reveals the most recent schemes to identify mortgage fraud and shows how to spot them prior to funding loans, thereby preventing mortgage fraud. Jonathan Foxx, President of Lenders Compliance Group, reported, "In addition to the ‘Focus on Fraud’ webinar, our new Forensic Mortgage Services group assists residential mortgage loan originators in preventing mortgage fraud by providing a suite of forensic services. Taken together, this proactive approach improves our clients’ bottom lines in this tough economy."
About the webinar's host, Michael S. Richardson:
Mr. Richardson is the author of “An American Epidemic: Mortgage Fraud – A Serious Business,” as well as author and creator of private label education training courses for mortgage bankers and on-line education. As Director/Forensic Mortgage Services, Mr. Richardson provides methodologies to minimize the risk of fraud at each level needed to originate and fund quality loans. The well-known “Clear to Close®” review, developed by Mr. Richardson, is an industry standard which provides lenders with a hands-on, pre-funding Loan File Analysis of all fraud detection data fields. The Forensic Mortgage Services group performs pre-funding and post-closing mortgage fraud reviews, logistical planning, and targeted forensic loan audits.
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