Office of Federal Housing Enterprise Oversight

Mortgage Fraud

As part of its responsibilities, OFHEO oversees the reporting of actual or suspected mortgage fraud (as defined in the OFHEO regulation) by the Enterprises. As part of its oversight responsibilities on the safe and sound operation of the Enterprises, OFHEO collects information to assure that adequate internal controls and systems exist to protect the Enterprises from risks associated with such fraud.

In May 2006, OFHEO and FinCEN Signed an Agreement to Share Mortgage Fraud Data

Complete text of OFHEO final regulation on mortgage fraud

Policy Guidance - Examination for Mortgage Fraud Reporting

FANNIE MAE AND FREDDIE MAC MORTGAGE FRAUD CONTACTS:

FANNIE MAE CONSUMER RESOURCE CENTER 1-800-7 FANNIE

FREDDIE MAC FRAUD HOTLINE 800-437-2838 or 800-4 FRAUD 8

*Note: Visitors who use the following links leave OFHEO’s home page and enter a non-OFHEO website. OFHEO is not responsible for the content of linked websites, which are not within the control of OFHEO, and which may not follow the same privacy, security, or accessibility policies. A visitor to a non-OFHEO website is subject to the policies of that website.

Some of the following links are links to private industry websites. In furnishing such private industry links, OFHEO does not endorse, approve, or support any individual, organization, sponsor, view, item, product, or service presented or referenced at the linked website. OFHEO cannot attest to the accuracy of information provided by these websites.

FANNIE MAE AND FREDDIE MAC

Fannie Mae -
www.efanniemae.com/utility/legal/antifraud.jsp?from=hp

Freddie Mac -
http://www.freddiemac.com/singlefamily/news/newsletter/2007/06/fraud.html

OTHER RESOURCES

Federal Bureau of Investigation (FBI) -
http://www.fbi.gov/page2/dec05/mortgagefraud121405.htm
and http://www.fbi.gov/publications.htm

Financial Crimes Enforcement Network (FinCen) -
http://www.fincen.gov/mortage_fraud.html

Department of Housing and Urban Development - http://www.hud.gov/offices/hsg/sfh/buying/loanfraud.cfm

Mortgage Bankers Association -
http://www.stopmortgagefraud.com and http://mbafightsfraud.mortgagebankers.org/

For more information and resources on mortgage fraud see OFHEO's CONSUMER INFORMATION PAGE.