CoreLogic Reports Mortgage Fraud is on the Increase

There was a significant increase in mortgage fraud risk at the end of the second quarter of 2018, according to Corelogic’s latest Mortgage Application Fraud Risk Index. According to the Mortgage.

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All categories of mortgage fraud increased year-over-year in the first quarter of 2012, with employment fraud taking the lead with a 50 percent increase. corelogic attributes this rise to.

“According to the SRA Risk Outlook 2018/19, in the first quarter of 2018 over 70% of all cybersecurity reports were directly.

“This year's trend continues to show an increase in mortgage fraud risk. using mortgage brokers, but CoreLogic reports that it is happening all.

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Mortgage fraud was up year-over-year in the second quarter, with Florida remaining the state with the highest risk of fraud, according to new data from CoreLogic. More than 12,000 mortgage.

CoreLogic Report: Mortgage Fraud is on the Increase CoreLogic CoreLogic (NYSE: CLGX), a global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report.

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. Top Company Interviews

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.

The risk of fraud in mortgage applications increased 16.9 percent in the second quarter compared to the second quarter of 2016, according to CoreLogic’s latest Mortgage Fraud Report. The analysis found that during the second quarter of 2017, an estimated 13,404 mortgage applications, or 0.82 percent of all mortgage applications,

The CoreLogic Mortgage Fraud Brief analyzes the metro areas with the highest mortgage fraud risk on a quarterly basis, and offers quarterly mortgage fraud insights based on analysis of trends found in residential mortgage loan applications processed by LoanSafe Fraud Manager.

Fraud risk is up, according to the latest CoreLogic Mortgage Fraud Report. According to the report and the CoreLogic Mortgage Application Fraud Risk Index, mortgage risk is up 12.4 percent year.

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Mortgage Fraud or Not? What responsibility does a Notary have for reporting inconsistencies According to CoreLogic's 2018 Fraud Report, the greatest fraud risk increase has been in income-related fraud. Occupancy and transaction.