Avoiding Mortgage Fraud in Australia: Toolkit for Mortgage Professionals

Avoiding Mortgage Fraud in Australia: Toolkit for Mortgage Professionalsprovides a comprehensive overview of the tactics and strategies used by fraudsters and the practical steps that need to be taken by mortgage professionals to avert fraud.

Select a format

ISBN/ISSN: 9780409338867
Release Date: June 01, 2015
AUD$ 109.00
Best value


ISBN/ISSN: 9780409338874
Release Date: June 01, 2015
AUD$ 109.00
Best value

Product description

Written for mortgage underwriters, mortgage managers, mortgage aggregators, mortgage brokers, lenders mortgage insurers, title insurers, lenders’ and borrowers’ solicitors and valuers, it covers the essential elements in the detection of mortgage fraud in Australia.

Mortgage fraud is on the rise as a result of the demystification of the mortgage lending process together with the digital dispersal of this information. At the same time, the means to commit fraud has become ever more widespread. In the last 10 years electronic bank statements, spreadsheets, graphics programs, high-resolution colour scanners and printers, disposable mobile phones, websites and social networking, have each enhanced the ability of fraudsters to steal or create identities, accurately falsify documents, and even fabricate fictitious people. In addition to the rise of fraud, the last 10 years have also seen a decline of the protection rendered to lenders by the Torrens system.

Avoiding Mortgage Fraud in Australia: Toolkit for Mortgage Professionals looks at tactics such as using false websites, false people, false employers, false companies and false certificates of title, and the due diligence required to expose these falsities. Various fraudster strategies including Imposter Fraud, Settlement Fraud and Valuation fraud are then methodically examined. The book describes multiple frauds with references to reported decisions, newspaper articles and ASIC press releases. In addition, case studies are used throughout to highlight the fraud in action.

This book is indispensable for those working in the mortgage field.


  • Written in plain English
  • Ready reference and practical guide to avoiding mortgage fraud in Australia
  • Comprehensive overview of the tactics and strategies used by fraudsters

Related Titles

Bransgrove & Young, The Essential Guide to Mortgage Law in Australia, 2nd edition, 2013
Croft & Hay, The Mortgagee’s Power of Sale, 3rd edition, 2012
Tyler, Young & Croft, Fisher & Lightwood’s Law of Mortgage, 3rd edition, 2013


Featured Authors

Table of contents

Part 1 - Tactics

Chapter 1 False Websites

Chapter 2 False Emails

Chapter 3 False Social Media

Chapter 4 False Telephone Numbers

Chapter 5 False Documents

Chapter 6 False Certificates of Title

Chapter 7 False Bank Cheques

Chapter 8 False Identities

Chapter 9 False Professionals

Chapter 10 False People (Patsies)

Chapter 11 False Witnesses

Chapter 12 False Companies

Chapter 13 False Employers

Chapter 14 False Applications

Chapter 15 False Bank Statements

Chapter 16 False Trading Records

Chapter 17 False Tenants, Rent Roles and False Occupancy

Chapter 18 False Pre-Sales

Chapter 19 False Contracts

Chapter 20 False Comparables

Chapter 21 False Reputations

Chapter 22 False Cheque Directions

Chapter 23 False Savings

Chapter 24 False Contributions

Chapter 25 False Urgency

Chapter 26 False Title Particulars

Part 2 - Strategy

Chapter 27 Imposter Fraud

Chapter 28 Corporate Hijack Fraud

Chapter 29 Over Borrowing Fraud

Chapter 30 Settlement Fraud

Chapter 31 Company Title Fraud

Chapter 32 Unjustness Fraud

Chapter 33 Serviceability Fraud

Chapter 34 Exit Strategy Fraud

Chapter 35 Valuation Fraud

Chapter 36 Smoke and Mirrors Fraud

Chapter 37 Developer Extrication Fraud