HAVE INDICATIONS OF FRAUD IN Q2 2018 The CoreLogic Mortgage Application fraud risk index increased 12.4 percent nationally from the second quarter 2017 to the second quarter of 2018. The index has increased for each of the last seven quarters and has been on a long-term upward trend from Q3 2010. This year’s increase is attributed to a
Mortgage fraud is on the rise as more buyers are inflating their incomes in order to qualify for new purchases. Roughly one in every 109 mortgage applications has some indication of fraud, according.
The report shows a 12.4 percent year-over-year increase in fraud risk at the end of the second quarter, as measured by the CoreLogic Mortgage Application Fraud Risk Index.
Based on the latest data from CoreLogic’s mortgage. exhibit a high risk of fraud. According to CoreLogic’s second-quarter 2016 report, the five metro areas with the highest growth in fraud risk are.
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· The tri-county region is the most at-risk metro area in the nation for mortgage fraud. At the same time, local mortgage loan delinquencies are rising.
(Heraldkeeper via COMTEX) — Mortgage fraud is on the rise. Missouri was among the top five states for increases in fraud risk for each of the last two years, moving up in rankings.
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TAMPA, Fla (WFLA) – Look up. to mortgage risk mitigation provider, CoreLogic. Even while ranking No. 6 in the country, the.
The total represents 0.67% of all mortgage applications and is up from 11,100 applications (0.69%) in the second quarter of 2014. Year over year, CoreLogic’s fraud risk index has declined 8.9%. The.
according to mortgage risk mitigation provider CoreLogic. Even while ranking No. 6 in the country, the Tampa Bay area – which.
Mortgage fraud risk jumped more than 12 percent year over year at the end of the second quarter, according to CoreLogic. One in every 109 mortgage. mortgage fraud risk was due to income reporting,
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Enabling real estate related smart contracts utilizing a blockchain will change the. Thankfully, the challenge has been taken up by several players in the emerging. in Q1 · CoreLogic: Mortgage fraud risk falls sharply in Q2.
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