CoreLogic’s latest Mortgage Fraud Report, released Tuesday, shows a 3.2 percent year-over-year increase in fraud risk among mortgages in the U.S. in the second quarter of 2014, as measured by the.
CORELOGIC REPORTS A 12.4 PERCENT YEAR-OVER-YEAR INCREASE IN MORTGAGE FRAUD RISK FOR THE SECOND QUARTER OF.
Each 1 point change in the index represents a 1 percent change in the share of mortgage applications having a high risk of fraud. In previous reports, the.
Mortgage fraud risk is up across the country, according to the CoreLogic National Mortgage Application Fraud Risk Index (FRI) for Q1 2017. The FRI is a measure of loan-application level fraud risk.
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CoreLogic Reports a 12.4 Percent Year-over-Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018. Business Wire September.
The metro areas with the biggest increase in mortgage fraud. Analysts at CoreLogic attribute the rise in fraudulent applications to rising home.
CoreLogic ® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its monthly loan performance insights Report. The report shows that nationally 3.6% of mortgages were in some stage of.
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CoreLogic’s annual report doesn’t collect actual cases of mortgage fraud but calculates risk with detailed data on six signs of that type of fraud: identity, income, occupancy, property.
Mortgage fraud risk jumped more than 12 percent year over year at the end of. according to CoreLogic, which measures six fraud indicators: identity, income, and that may be part of the reason for the increase in overall fraud risk.. partners who sell loans to Fannie Mae and are required to self-report.
Instances of mortgage and valuation fraud are on the rise, CoreLogic reported Oct. 28 in its 2014 Mortgage Fraud Report. During the second quarter, an estimated 11,100 mortgage applications, or 0.69 percent of all mortgage applications, contained fraud, as compared with 19,700 or 0.67 percent in the second quarter of 2013, when the total.
CoreLogic Mortgage Fraud Report 2018: the report shows a 12.4 percent year-over-year increase in mortgage fraud risk. CoreLogic Reports a 12.4 Percent Year-over-Year Increase in Mortgage Fraud.
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Compared to refis, with the shift to purchase applications, there comes an increase in fraud risk due to increased opportunities to commit mortgage origination fraud. This latest report from CoreLogic.
In an interview, Bridget Berg, CoreLogic’s senior director of fraud solutions, told me the increase in fraud by home-purchase applicants is partially a "function of what’s going on in the.