What is "name manipulation" in terms of mortgage fraud?

Name manipulation in the context of mortgage fraud refers to the practice of changing dates of birth and names to create new credit records. This fraudulent tactic allows individuals to artificially enhance their creditworthiness or conceal their identities to obtain loans or mortgages under false pretenses. By creating new credit records, the perpetrators can present themselves as more creditworthy than they truly are, thereby increasing the likelihood of loan approval.

This practice often involves using variations of names or completely different names to mislead lenders and financial institutions regarding the true identity of the borrower. As such, it significantly compromises the integrity of the lending process and poses a risk to lenders, as it can lead to increased defaults on loans that were obtained through deceptive means.