Zero Tolerance Mortgage Loan Fraud Prevention Policy and Procedures

Description

The Zero Tolerance Mortgage Loan Fraud Prevention Policy and Procedures has been developed in response to the increasing risk of fraud in mortgage origination—threats that can seriously impact the company’s reputation, financial stability, and future success.

Protecting the company’s assets, investments, and long-term business operations is essential to maintaining trust with both consumers and employees. This policy is designed to help detect potential fraud, outline the steps needed to effectively mitigate fraud attempts, and ensure proper reporting to the appropriate authorities when fraud is identified.