If you are a Stewart agent, email Linda Smith for a discount code before you enroll.

The number of reported mortgage fraud transactions has risen steeply in recent years.  It has been stated that mortgage fraud losses exceeded $4 billion in 2006. Suspicious Activity Reports (SAR) (reports of suspected criminal offenses, such as money laundering, to the Financial Crimes Enforcement Network) concerning mortgage fraud increased to 47,000 in the year 2007. And lenders may lose an average of approximately 40% on fraudulent mortgages.  This course discusses that problem, guidelines for identifying possible fraud, and goes over legislation that deals with mortgage fraud.