Mortgage providers on fraud target list

According to the fraud consultancy's latest Insight report, the recession will lead to increased attempts to obtain mortgage and other financial services products illegitimately. Mortgage fraud rates have remained fairly steady at 20 frauds in every 10,000 applications since early 2008, rising in line with new applications. Experian says sub-prime and self-certification deals - the availability of which, most agree, sparked the gloabl credit crunch - will be fraudsters' primary targets. Nick Mothershaw, Experian director of fraud and identity solutions, says firms should prepare ...