Tag: credit card fraud

  • Teenager Owes $600,000 in Mortgage Loans After ID Theft

    Teenager Owes $600,000 in Mortgage Loans After ID Theft

    Seventeen-year-old Scottsdale, Ariz., resident Caitlin "Caitie" Hemmerle is up to her eyeballs in debt, including owing $600,000 in mortgage loans and another $100,000 in car loans and credit cards. How did this happen? Easy. Caitie is a victim of child identity theft, a practice that is growing for one... Continue Reading

  • Mortgage Fraud Increase Makes It Harder to Get Loans

    Mortgage Fraud Increase Makes It Harder to Get Loans

    While you're likely to still hear about mortgage fraud cases on the rise, the actual trend for new mortgage fraud is down 25 percent. According to the 2010 CoreLogic Fraud Index, the mortgage fraud cases making it to the courts today primarily happened between 2006 and 2009. In fact, CoreLogic estimates that... Continue Reading