Mortgage fraud maintained its decline at the end of 2014, falling 2% from the last quarter and 9% from one year ago, according to Interthinx’s quarterly interactive Mortgage Fraud Risk Report.
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Fraud risk in the national mortgage industry rose 4% in Q110 from Q409, and 11% from the year-ago period, according to the latest report from mortgage software developer Interthinx. The index is.
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According to the company’s Mortgage Fraud Risk Report, the mortgage fraud risk index climbed to 159, representing a 16 percent increase from Q3 2012 and 9 percent increase from Q4 2011. Interthinx pinpointed the source of the increase to a surge in property valuation fraud risk, which rose 25.
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Property valuation fraud risk rose by nearly 8% during the fourth quarter of 2011, according to the latest Mortgage Fraud Risk Report issued by Agoura Hills, Calif.-based Interthinx. The Interthinx national mortgage fraud risk index was up 1.4% during the fourth quarter and was 3.6% higher than during the fourth quarter of 2010.
The risk of "outright identity fraud" took a sharp spike in the second quarter of this year, according to the latest Mortgage Fraud Risk Report from Interthinx, a national risk mitigation company focusing on mortgage fraud and regulatory compliance.. While Notaries generally are not in a position to detect most types of mortgage scams, they can combat mortgage- and real estate-related.
According to the company’s Mortgage Fraud Risk Report, the mortgage fraud risk index climbed to 159, representing a 16 percent increase from Q3 2012 and 9 percent increase from Q4 2011. Interthinx pinpointed the source of the increase to a surge in property valuation fraud risk, which rose 25 percent from Q3.
the mortgage fraud risk index climbed to 159, representing a 16 percent increase from Q3 2012 and 9 percent increase from Q4 2011. Interthinx pinpointed the source of the increase to a surge in.
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· The Mortgage Fraud Risk Report is an Interthinx information offering created by an internal team of fraud experts. This is the twenty-third time Interthinx has released its quarterly report.