FCA Mortgage Fraud Investigations ‘Relatively Low’ but ‘Significant Amount of Activity Going Undetected’, Firm Warns

Mortgage fraud going largely undetected, warns Thirdfort - Property Industry Eye

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Mortgage fraud largely undetected with only 17 FCA investigations since 2018: Thirdfort – Mortgage Finance Gazette

The scale of mortgage fraud in the UK may be far greater than official enforcement figures suggest, Thirdfort warns, with only 17 enforcement investigations into mortgage fraud since 2018. A Freedom of Information request made by Thirdfort to the Financial Conduct authority suggests that UK… The post Mortgage fraud largely undetected with only 17 FCA investigations since 2018: Thirdfort appeared first on Mortgage Finance Gazette.

Mortgage fraud largely undetected despite rising risk: Thirdfort – Mortgage Strategy

The scale of mortgage fraud in the UK may be far greater than official enforcement figures suggest, Thirdfort warns, with only 17 enforcement investigations into mortgage fraud since 2018. A Freedom of Information request made by Thirdfort to the Financial Conduct authority suggests that UK mortgage fraud could be greater than official enforcement figures show. The number of investigations peaked in 2019 with five cases, while activity continued…

'Significant amount’ of mortgage fraud cases undetected

The total number of enforcement investigations into mortgage fraud since 2018 by the Financial Conduct Authority (FCA) totals 17.

FCA mortgage fraud investigations ‘relatively low’ but ‘significant amount of activity going undetected’, firm warns

The post FCA mortgage fraud investigations ‘relatively low’ but ‘significant amount of activity going undetected’, firm warns appeared first on Mortgage Solutions.

Mortgage fraud investigations remain low despite industry concerns

Mortgage fraud in the UK is likely going largely undetected, despite a rising risk, Thirdfort has found.  A Freedom of Information (FOI) request made by Thirdfort to the Financial Conduct Authority (FCA) showed there have been only 17 enforcement investigations into mortgage fraud since 2018. The data showed investigations peaked in 2019 with five cases, while 2022 to 2024 saw three to four cases each year.  There were no investigations in 2020 …