CoreLogic: 12.4 Percent Year-Over-Year Increase in Mortgage Fraud Risk

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. This press release.

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. and that may be part of the reason for the.

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.

About one in every 109 mortgage applications was found to contain false or misleading information during the second quarter of 2018, an increase of 12.4 percent compared with the second quarter of.

The risk of mortgage application fraud nationally fell 5.6 percent year over year in the second quarter. Iowa had the 8th-highest increase in mortgage application fraud risk. Irvine, Calif.-based.

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. increasing distressed sales, CoreLogic sees.

According to the report and the CoreLogic Mortgage Application Fraud Risk Index, mortgage risk is up 12.4 percent year over year as of Q2 2018.. to show an increase in mortgage fraud risk year.

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5 days ago. Cover story: How to succeed as a managing broker. Mortgage fraud grows as home prices and demand increases. Instances of mortgage fraud risk grew 12.4 percent since last year, according to CoreLogic's. read more.

There was a 12.4% year-over-year increase in fraud risk at the end of the second quarter of 2018, according to Corelogic’s most recent Mortgage Application Fraud Risk Index. As growing concern for.

The most recent CoreLogic Mortgage Fraud Report once again indicated that fraud risk is on the rise.The report cited a 12.4 percent year-over-year rise in their mortgage application fraud risk index, with income fraud risk reported up 22.1 percent as the highest increase in risk found.

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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