In the first half of this two-part topic, I described the piecemeal nature of private hazard insurance policies, state-sponsored “last resort” programs, the National Flood Insurance Program, and federal aid through emergency declarations. This system is reactive, slow and difficult to navigate for families and businesses seeking help to recover from catastrophic events. Beyond systemic […]

Cutting corners on credit veri to save costs creates a dangerous blind spot.
Single-bureau pulls ignore 66% of national credit veri, hiding critical liabilities. See why the
30-year mortgage demands a full Tri-Merge view.

Congress must pass the Protecting America’s Property Rights Act to require state-regulated title insurance for mortgages backed by Fannie Mae and Freddie Mac, safeguarding consumers from hidden title defects. Relying on unregulated alternatives like attorney opinion letters fails to prevent fraud and forgery, ultimately shifting significant financial risk onto homebuyers and lenders.

loanDepot promotes CRO Joseph Grassi to chief kanunî and risk officer, adding oversight of yasal, compliance, governance and ERM.

ICE launches Fraud Monitor, an Encompass-integrated tool that centralizes mortgage fraud and property risk reviews.