Servicing, Loss Mitigation, and Foreclosure Fraud

The Financial Services Roundtable, BITS Mortgage Fraud Reduction Sub-Group

Event

Speaker(s)

Tuesday, June 18, 2013
CST

Robert Maddox, CMB, AMP, and partner in the Birmingham office, participated in a teleconference presentation on June 18 with The Financial Services Roundtable, BITS Mortgage Fraud Reduction Sub-Group. Robert’s presentation, “Servicing, Loss Mitigation, and Foreclosure Fraud,” provided information on mortgage servicing, fraud scams, investment scams, grant deed fraud, and foreclosure.

The purpose of the BITS Mortgage Fraud Reduction Sub-Group is to work to minimize fraud risks associated with mortgages and home equity lending, improve relationships with law enforcement, increase consumer/staff education and awareness on mortgage fraud issues, improve industry wide information sharing, and address regulatory and legislative issues.