The Federal Trade Commission has issued a direct warning to consumers about a phishing campaign that uses unsolicited text ...

The same tech that’s advancing the mortgage industry is being used to create scams, drive fraud Mortgage scams have increased since 2022 from 14 incidents a month to 71, according to a study that ...

When auto loans suffer losses they are “dramatically higher” than losses in other types of consumer credit products, according to a recent analysis by the credit bureau TransUnion. The average auto ...

For Americans dreaming of owning a home, this decade has been brutal. From the end of 2019 to the end of 2022, the median sales price for homes sold in the U.S. soared 35%, according to the Federal ...

Mortgage fraud happens when someone omits or falsifies information in connection with the process of buying a house. This can be from predatory lenders trying to defraud borrowers or from borrowers ...

Long before it got involved with the dealmakers in mortgage fraud and had to write down tens of millions of dollars, Merchants Bank was a regional bank with a green frog logo, a five-story ...

Merchants Bancorp of Indiana, a regional bank with a $500M multifamily loan book, has more than quintupled the money it has set aside to cover potential losses because of an increase in fraud in its ...

Western Alliance is one of the regional banks facing concerns over loans made to non-bank financial players. The bank's CEO said he believes the alleged loan fraud that sparked a selloff last week is ...

Shares of several U.S. regional lenders fell sharply on Thursday after Zions Bancorporation and Western Alliance Bancorp disclosed losses tied to suspected loan fraud, unsettling investors already ...