As the pandemic subsides, what does the fraud frontier look like?


Fraud didn’t really subside during the pandemic, although 2020 did see a drop tied to the lower risk refinance market. Fraud did however take on a different “pandemic” face, with scammers using scare tactics to gain information and access to data from unsuspecting borrowers seeking relief from delinquency. As the market begins to swing toward normalcy and purchase volume surpasses refinances, fraudsters, including borrowers, are back to their old tricks.