Determining Your Role in Fraud Prevention

This title is one of the many courses available in the AllRegs Education Package subscription program!

This course provides mortgage loan originators (MLOs) and mortgage operations personnel with a detailed look at mortgage fraud characteristics, the ways individuals or groups perpetrate fraud in a mortgage transaction, and strategies to detect and reduce mortgage fraud. This course presents an overview of mortgage fraud statistics in the United States, including prevalence, trends, and geographic risk indicators. Learners cover details of mortgage fraud characteristics, motivators, and common fraud schemes, and the red flags that may indicate the presence of mortgage fraud throughout the loan process, beginning at the point of application. This course explains the MLO’s role in fraud prevention, describes available tools that help combat fraud, and presents strategies for MLOs and operations personnel to protect themselves and their companies.

What will I learn?

Upon completion of the course, students will be able to:

  • Identify types of mortgage fraud by their key characteristics
  • Describe common mortgage fraud schemes
  • Explain how to recognize red flags as indicators of mortgage fraud
  • List tools and strategies that help you prevent fraud
  • Describe your role in protecting your company against mortgage fraud

Course Length

25 minutes (approximate)

How it works

Each self-paced, self-study course examines a particular topic, allowing students to hone in on a focused set of learning concepts. Each course is designed with learning objectives, comprehensive course materials, learning reinforcement activities that appeal to various learning styles, real world examples, and, where appropriate, video and/or audio recordings of industry experts.

The final exam is completed online with instant grading, and you can download your industry-recognized certificate of completion after you successfully pass the course. While course completion time varies per student, it will take approximately one hour to complete most courses.

Students have 12 months from the registration date to complete the course. Upon successful completion of the course, students can download their industry-recognized certificate of completion and transcript.

*Restrictions apply. If your staff size exceeds 250, please consider the Enterprise AllRegs Education Package.

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