Mortgage Fraud Policy
This Mortgage Fraud Policy Template 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:
Eliminate references to allowance for lease and loan losses (ALLL) which was replaced by current expected credit losses (CECL).
This Mortgage Fraud Policy Template (approximately 16 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 Template.
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