mortgagefraudblog: MortgageFraudBlog Conference - Day 2 bonus tracks - 11/07/08 02:43 PM
11-7 fraud part 3 Last blog I started a list of fraud schemes covered in Rachel Dollar's MortgageFraudBlog Conference held in Miami. We started the list with The Classic, The Straw Buyer, Air Loans and Double Sales. Here's a few more: Affinity Fraud - where the perpetrator looks to specific groups for victims. They will recruit ringleaders who have contacts at a church group, within ethnic groups, senior groups and professional groups like nurses or teachers. By virtue of the fact that they are already part of that group, they are more readily accepted and after making sure the first couple … (5 comments)

mortgagefraudblog: MortgageFraudBlog Conference - Day 2 - 11/06/08 02:33 PM
11-6 fraud day 2 I've gotta say right up front, I'm not used to attending seminars where other attendees are packing heat. While it might come in handy at some of the real estate conferences I've been to (especially when what's his name heads for the microphone yet again), we're a pretty tame bunch considering our reputation. However, as I mentioned yesterday, at Rachel Dollar's MortgageFraudBlog.com Conference, the audience is heavy with law enforcement and a few heaters are much in evidence. It does make you a little wary and you don't nod off as much when the guy next to … (10 comments)

mortgagefraudblog: MortgageFraudBlog Conference - Day 1 - 11/05/08 01:51 PM
11-5 mtg fraud conf Ahhhh, Miami. You know you're in a different world when the muzak in the hotels is Caribbean and you can get a good pressed Cuban sandwich anywhere. It's a long slog here from SoCal - even longer when you get to spend an extra 2 1/2 hours sitting on the runway in Dallas while they put new brakes on your airplane. Back in the day they'd roll out the drink cart for that little 'inconvenience', nowadays they just drop the price of their snacks from $4 to $3 for a 'huge' chocolate chip cookie and thank you … (7 comments)