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.
CoreLogic Reports a 16.9 Percent Year-Over-Year Increase in Mortgage Fraud Risk in the Second Quarter of 2017: September 19, 2017 — CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest mortgage fraud report. As of the end of the second quarter of 2017, the report shows a 16.9 percent year-over-year increase.
That trend continues, with an increase of 18% in this indicator. in even worse financial shape. Visit the CoreLogic website for more information and for the methodology the firm uses to derive its.
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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.
The risk of fraud in mortgage applications increased 16.9% in the second quarter compared with the second quarter of 2016, according to CoreLogic’s Mortgage Fraud Report.. The increase is expected because applications for purchases now make up a greater share of total applications, due to the fact that refinances have been falling due to higher mortgage rates.
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CoreLogic , 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.
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The RBI penalised Syndicate Bank worth Rs 75 1akh on account of delay in reporting the fraud to RBI and upfront disbursal of.
If you think this highly organized mortgage fraud gang was a rare exception, the FBI reported that there was a "growing epidemic" of mortgage fraud in the. 2005 study of house flipping put out by First American Core Logic.
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.
The report shows an 11.4% year-over-year decrease in fraud risk at the end of the second quarter, as measured by the CoreLogic Mortgage Application Fraud Risk Index, which is the first decrease.