Coby Hakalir’s Post

𝐀 𝐭𝐢𝐩 𝐥𝐢𝐧𝐞? 𝐒𝐞𝐫𝐢𝐨𝐮𝐬𝐥𝐲? The FHFA just announced a new fraud tip line — encouraging the public to report suspected mortgage fraud. This move, delivered via social media, isn’t bold. It’s not collaborative. It’s feckless. In an industry facing real, complex challenges—fraud among them—we need meaningful partnerships between regulators and professionals, not performative announcements and vague initiatives. Who’s reviewing these tips? What standards apply? What’s the process? No answers. Just a press blast. Mortgage fraud is a problem. But a tip line—launched without clarity, context, or coordination—is not a solution - in fact, it only makes the issue seem a lot bigger than it actually is. It's a press release disguised as policy. Want to make real progress? Engage with the professionals doing the work. Build systems of accountability that are transparent and effective. Start a dialogue.