At the US Mortgage Bankers Association’s annual Servicing Conference in San Diego, I asked a roundtable of servicing vendors to talk about fraud issues. I got some great stuff. Even though they were all vendors, I heard that technology is also the bailiwick of fraudsters who are getting ever better at duplicating docs. I heard that insider fraud trumps consumer fraud by a wide margin. I learned… but why not hear it from the voices of the industry themselves? My participants were Damien Weldon, director, collateral risk analytics, First American Loan Performance, San Francisco; Chris Saitta, president, REO Trans, Los Angeles; Allan Martin, chief executive, Mortgage Contracting Services, Tampa; and Cary Burch, chairman and chief executive, Lender Support Services Inc., Poway, Calif.

Click here for full story