Here’s a quick overview: Overall fraud in mortgage applications jumped by 12.4 percent from. but CoreLogic says it is now spreading across the country. "The typical scenario is a new job with a.
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. Source: CoreLogic Reports a 12.4 Percent Year-over-Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018 | Business Wire
The risk of mortgage fraud in the second quarter was 12.4 percent higher from one year earlier, according to the latest data from the CoreLogic Mortgage Application Fraud Risk Index. CoreLogic determined that an estimated one in 109 applications, or 0.92 percent of all mortgage applications, contained indications of fraud in the second quarter.
· Mortgage fraud grows as home prices and demand increases. by Rincey Abraham October 8, 2018. Instances of mortgage fraud risk grew 12.4 percent since last year, according to CoreLogic’s Mortgage Application Fraud Risk Index.. Approximately one in 109 applications, or 0.92 percent, of all mortgage applications contained indications of fraud.
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· CoreLogic: 12.4% Year-Over-Year Increase in Mortgage Fraud Risk For the Second Quarter On Thursday, CoreLogic released its latest Mortgage Fraud Report showing 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.
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.
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CoreLogic, a leading 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.
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· Reports: mortgage fraud declining But Still A Serious Risk. That represents a potential $5.3 billion in bad loans. CoreLogic reviews mortgage applications for six types of potential fraud – employment, identity, income, occupancy, property, and undisclosed debt. The report also shows a year-over-year decline for five quarters since the.