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Online Mortgage Fraud Conference

Over 100 Years of Mortgage Experience Address Mortgage Fraud Issues

SAN ANTONIO -- (May 18, 2006) MortgageMediaMag, the leading provider of audio and video content for mortgage professionals, released their Mortgage Fraud Roundtable for 2006. The expert panelists debated fraud issues, tools, and prevention strategies that are driving the mortgage industry's efforts to increase the quality of pipeline loans. The Roundtable can be heard at www.MortgageMediaMag.com.

Roundtable Panelists:

  • Bill Draving, Host -- MortgageMag LIVE!
  • Charlie Elliott, President -- Elliott and Company Appraisers
  • Dr. Mark Fleming, Director of Economics -- CoreLogic
  • Ron Litt, President -- Advantage Credit International
  • Kevin Ludden, Vice President of Industry Relations -- Interthinx
  • Patrick Tuttle, Recruiting Manager -- Network Funding

Nearly 120 years of mortgage industry experience was represented in the Roundtable. The discussion brought together six high-profile professionals from several perspectives -- including the points of view of brokers, lenders, appraisers, solutions providers, and the secondary market. Rob Hain, Media Director of MortgageMediaMag and moderator of the Roundtable, said, "It is the finest discussion of mortgage fraud I have heard -- and it's all packed into one hour." Starting with definitions, statistics, and the types of fraud schemes that are currently prevalent, the conversation then turned to the issues that the industry must address, including the parties typically involved, housing market issues, conflicts of interest, and loan programs. To round out the discussion, the experts debated tools and strategies that mortgage operations can use to improve the quality of the loans in their pipelines.


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