One of the fastest-growing white-collar crimes in the U.S. is mortgage fraud. Each year, millions of dollars are lost to this crime. And while it may seem that mortgage fraud affects only those directly involved in these scams, this is not the case. Consumers pay the ultimate price with higher interest rates and fees for mortgage loans.
Industry insiders like appraisers, real estate agents, mortgage lenders, and title professionals are especially vulnerable to mortgage fraud. They may be involved in mortgage scams both knowingly and unknowingly. It is their responsibility to themselves, the company for which they work, and their customers to know what mortgage fraud is, recognize and prevent involvement, and protect their customers from being victims of it.
This 7-hour continuing education course was designed with the professional in mind.
In your field, you've probably witnessed cases of mortgage fraud. With the information you learn here, you will have the
knowledge to help prevent this epidemic from growing further.
This is a full-day course. It fulfills 7 hours of the 14 hours of
mandatory continuing education (MCE) required by the Pennsylvania State Real
Estate Commission for salesperson's or broker's license renewal.