A loan team is about to close a file involving fraud red flags 2 and Fraud Detection and Prevention. Which action should occur first?
Correct Answer
D) Escalate the suspicious document pattern
document discrepancies and suspicious patterns must be verified and escalated. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Escalate the suspicious document pattern".
Why This Is the Correct Answer
document discrepancies and suspicious patterns must be verified and escalated. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Escalate the suspicious document pattern".
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