However, several red flags in a file may signal a fraudulent transaction. The presence of one or more red flags in a file does not necessarily mean that there was fraudulent intent. Inconsistencies in the loan file are often a tip-off that the file contains misrepresentations.
Resources to Help You Combat Mortgage Fraudįannie Mae is committed to working with our industry partners to help combat fraud by offering the following list of common red flags that may indicate mortgage fraud.
