Mortgage Fraud Policy

$150.00

This Mortgage Fraud Policy addresses how a bank, credit union, fintech company, or other type of financial institution maintains sound risk management practices with respect to mortgage fraud.  See more information about this product below.  In addition, we recommend adding a Product Update Protection Plan to your shopping cart to ensure you automatically receive an updated version of this policy template every time it is revised by us via e-mail within one year from the date of purchase.

  • Immediate Download
  • Easy to Customize
Guaranteed Safe Checkout

Description

Mortgage Fraud Policy

This Mortgage Fraud Policy addresses how a bank, credit union, fintech company, or other type of financial institution maintains sound risk management practices with respect to mortgage fraud.

Table of Contents

  • Purpose and Contents – Topic 1
  • Policy Statement – Topic 2
  • Specific Types of Fraud and Prevention Techniques – Topic 3
  • Mortgage Lending Red Flags – Topic 4
  • Audit Policy – Topic 5
  • Staff Training – Topic 6
  • Retention of Documentation – Topic 7

Recent updates to this product:
03/18/24 Update
Eliminate and/or modify references to the term “Troubled Debt Restructuring” (TDR) with a “Borrower Experiencing Financial Difficulty.”
06/01/23 Update
Eliminate references to allowance for lease and loan losses (ALLL) which was replaced by current expected credit losses (CECL).

This Mortgage Fraud Policy (approximately 21 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.

NOTE: The complete contents of this template are also included in the Mortgage Loan Policy.

Product Update Protection Plan

Ensure your purchase from BankPolicies.com remains current by adding a Product Update Protection Plan to your shopping cart. You’ll automatically receive an updated version via email every time it’s revised, within one year from the last date of purchase.

You may also like…

Shopping Cart
Scroll to Top