LexisNexis Fraud Report Shows Rise in Collusion Activity in the Mortgage Industry

``"Increased levels of fraud and misrepresentation in the foreclosure, short sale, and real estate-owned worlds have pushed the issue of collusion to the forefront," said Tom Brown, senior vice president of financial services for LexisNexis. "Now, more than ever before, these complex schemes are coming under increased scrutiny and investigators need to pay attention to all parties and relationships in non-arm's length transactions. Data alone is not enough to identify fraud. It's the application of linking technologies and analysis that shines a light on collusion and fraud in general."''