Fraud Risk Rose on Pur­chase Mar­ket Shift and More Whole­sale Loans

National Mortgage News - - Outlook -

Mike C

Good doc­u­men­ta­tion should re­duce fraud op­por­tu­ni­ties but doc­u­men­ta­tion is not as lin­ear an is­sue as peo­ple think. Eight states cur­rently don’t re­quire em­ploy­ers to pro­vide pay stubs. That’s ridicu­lous with to­day’s IT ca­pa­bil­i­ties.

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