Mortgage fraud is on the rise. According to the FBI, the number of fraud cases worked in 2006 increased by nearly 64% from 2005. In 54% of these cases, the fraud losses exceeded $1,000,000.
Don't let mortgage "fraud for profit" affect your bottom line... or your company reputation. The Mortgage Asset Research Institute (MARI™) offers solutions that can help.
MARI, a ChoicePoint® service, is a leading provider of information services to the Financial Services industry. MARI developed the Mortgage Industry Data Exchange (MIDEX®) as a powerful weapon used to defend its subscribers against mortgage fraud and the perpetrators of fraudulent schemes. Since 1990, MARI has grown to become an industry recognized leader and premiere provider of information about mortgage professionals and companies and essential risk management solutions. These solutions can help you guard against mortgage fraud, appraisal fraud, streamline professional license verification and identity verification and more.
More than 70 percent of top industry participants use MARI services to safeguard their assets and protect their reputations by credentialing and monitoring individuals and companies when establishing business relationships. Start using MARI services today.
