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Is Mortgage Fraud Declining? Thoughts from an Insurer….

FNF Canada News

It’s been reported that mortgage fraud is on the decline. See what the head of Genworth has to say about recent findings.

 

‘The head of Genworth MI said during its company’s Q2 earnings call that mortgage fraud is on the decline in Canada.

 

“The industry takes misrepresentation very seriously and as a group we’ve all taken some very strong actions over the last few years to reduce instances of misrepresentation and fraud in the industry,” Stuart Levings, chief executive officer of Genworth MI Canada Inc., said during the call on Wednesday, according to the Globe and Mail.’ Click here to read more…

 

Source: www.mortgagebrokernews.ca
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