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AI-Driven Fraud Poses a Serious Threat to the Mortgage Industry

Appraisal Buzz

In a recent report, Sarah Frano, vice president and real estate fraud expert at First American Title Insurance Company , explains that scammers are increasingly harnessing AI to generate deepfake videos and fraudulently pose as legitimate borrowers. fraud losses to grow by 32% each year moving forward, reaching $40 billion by 2027.

Mortgage 312
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Divergent paths: Housing market policies under a Trump or Harris administration

Housing Wire

Or if, in the first 100 days, she used the GSEs as a tool to create a political headline that helps lower-income consumers.” This means moving forward with projects to cut insurance premiums , reduce fees and provide new loan products, such as Freddie Mac’s closed-end second mortgages. FDIC) and the FHFA.