CoreLogic Reports Mortgage Fraud is on the Increase

CoreLogic. data in this report accounts for only first liens against a property and does not include secondary liens. The delinquency, transition and foreclosure rates are measured only against.

Risk index has continually increased for the last seven quarters States with heavy out of state investment showed significantly higher fraud risk All loan segments showed increased risk year over year.

The increase in reported fraud by lenders is attributed. sales. This latest report is based on a new analysis of seven million representative loan files from the CoreLogic Mortgage Fraud Consortium.

Looking ahead, the CoreLogic HPI Forecast indicates that the 2019 annual average home price will increase 3.4 percent. risk and related performance information. The markets CoreLogic serves include.

After remaining relatively flat for about a year, mortgage fraud is on the rise again, according to CoreLogic. All categories of mortgage fraud increased year-over-year in the first quarter of.

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Andreassen-Henderson is a mortgage fraud investigator. She often. According to CoreLogic's 2016 Mortgage Fraud Report, occupancy fraud risk increased

What is MORTGAGE FRAUD? What does MORTGAGE FRAUD mean? MORTGAGE FRAUD meaning & explanation New mortgage fraud data. Irvine, Calif.-based CoreLogic, a property information, analytics and data-enabled solutions provider, revealed a 12.4 % increase in fraud risk at the end of the second.

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According to CoreLogic’s first-quarter 2016 report. investment coupled with an increase in population. In New Haven, CoreLogic notes that it has become an emerging risk area due to economic growth.

“This year’s trend continues to show an increase in mortgage fraud risk year over year,” Bridget. Mass., and New York. CoreLogic compiles the report based on data provided by members of a mortgage.

This week, CoreLogic released its “2018 Mortgage Fraud Report.. The North port-sarasota-bradenton real estate market ranks ninth.. of 100 in 2010 to 150 as of Q2 in 2018 with sharp increases quarterly since Q2 in 2016.

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Mortgage fraud risk is up across the country. Ohio-Pennsylvania saw the largest increase in the index, going from an index of 90 to 272 (a 202 percent increase). CoreLogic notes that the previous.

In the second quarter of 2018, one in every 109 mortgage applications contained an indication of fraud, said the report from CoreLogic,

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According to CoreLogic's 2018 Fraud Report, the greatest fraud risk increase has been in income-related fraud. Occupancy and transaction.