June 5, 2025

mortgage fraud

Mortgage

Fannie Mae, FHFA, and Palantir Join Forces to Combat Mortgage Fraud—FundingShield Supports This Initiative With Its Proven, Real-Time Solutions

Ike Suri – CEO of FundingShield NEWPORT BEACH, Calif., May 29, 2025–(BUSINESS WIRE)–In a major step toward protecting the integrity of the U.S. housing finance system, Fannie Mae CEO Priscilla Almodovar, FHFA Director Bill Pulte, and Palantir Technologies CEO Alex Karp have joined forces in a coordinated initiative to combat mortgage fraud across the homebuying

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Mortgage

JPMorgan, Chetrit Group Named in $481M Mortgage Fraud Suit

New allegations tied to a mortgage fraud scandal that rocked the industry and landed an executive in federal prison now implicate JPMorgan, the lender on the deal, and the borrower — New York’s Chetrit Group. Wells Fargo, which filed suit in federal civil court as trustee on a $481 million CMBS loan, alleges JPMorgan knew

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