<p>Document fraud is now one of the fastest-growing sources of bad debt in multifamily—and the tactics are getting more sophisticated. In this episode of Tech Talk with 20for20, Dom Beveridge is joined by Bonnie Smetzer (<a href="https://www.assetliving.com/"><u>Asset Living</u></a>), James Stilwell (<a href="https://snappt.com/"><u>Snappt</u></a>) and Jamie Borodin (<a href="https://www.docuverus.com/"><u>Docuverus</u></a>) to examine how document fraud works, why it has accelerated, and what operators need from modern verification tools.</p><p>The panel explores:</p><ul><li><p>How document fraud has evolved: AI-assisted forgeries now mimic both the visual layout and metadata of pay stubs and bank statements, replacing the crude edits of earlier years.</p></li><li><p>The dual lenses of detection: Effective systems combine deep metadata analysis with visual and contextual checks—plus secondary sources such as bank deposits—to identify tampering or fabricated income.</p></li><li><p>Market dynamics: Fraud clusters in hotspots like Atlanta, Texas, and Florida before spreading outward, with serial applicants testing defences across regions and property types.</p></li><li><p>A new challenge in affordable housing: Applicants are now lowering stated income to qualify for restricted-rent units, adding compliance and revenue risk alongside traditional inflated-income fraud.</p></li><li><p>The operational burden on site teams: Writable PDFs and online applications outpace what leasing staff can reliably evaluate, creating fairness risks and driving adoption of automated screening.</p></li></ul><p><strong>Sponsors for this episode:</strong></p><p><a href="https://westernreporting.com/"><u>Western Reporting</u></a>, resident screening and income verification by <a href="https://inhabit.com/"><u>Inhabit</u></a></p><p><a href="https://www.eliseai.com/"><u>EliseAI</u></a>, AI-driven automation that helps streamline communications and improve operational efficiency.</p><p>To get access to the latest 20for20 articles, papers and news about forthcoming events, subscribe to our blog at <a href="http://20for20.com"><u>20for20.com</u></a>.</p><p>Connect with Dom Beveridge (Principal, 20for20) via <a href="https://www.linkedin.com/in/dombeveridge/"><u>LinkedIn</u></a>, or email to <a href="mailto:[email protected]"><u>[email protected]</u></a>.</p><p><em>Our theme, “Beautiful Geometry” by </em><a href="https://freemusicarchive.org/music/Phish_Funk/"><em>Phish Funk</em></a><em> is licensed under a </em><a href="https://creativecommons.org/licenses/by-nc/3.0/"><em>Attribution-NonCommercial 3.0 International License</em></a><em>.</em></p>
