Mortgage fraud for title occurs when someone uses your stolen identity, fake documents and identification to change the title on your home. They are creating fake loan approval documents using the names of real Loans Canada employees.Unfortunately, this makes navigating scams more difficult. Borrowers who misrepresent information and straw buyers who allow properties to be purchased in their name are committing mortgage fraud. Once a password reset link is sent via email it requires receiving a text message for verification.