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

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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 next greatest increase was for occupancy fraud risk, which was reported up 3.5 percent.Interestingly, the.

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CoreLogic (NYSE: CLGX), 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, as measured by the corelogic mortgage application fraud Risk Index.

Month-over-month, prices ticked up 2.4 percent Freddie Mac announced a move Wednesday aimed at reducing the risk to the taxpayer associated with its credit exposure in the residential mortgage.

Mortgage fraud risk rose to its highest post-recession level, climbing 12.4 percent year-over-year in the second quarter of 2018, according to the latest CoreLogic Mortgage Application Fraud Risk.

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.

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.

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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.

According to CoreLogic. reverse occupancy risk among the top 50 CBSAs. Since 2014, New York’s reverse occupancy rate has increased year over year and has reached 13 percent in 2016. Unfortunately.

CoreLogic Reports a 12.4 Percent Year-over-Year Increase in Mortgage Fraud Risk Stephanie Abbott – September 13, 2018 – Leave a comment IRVINE, Calif.-(BUSINESS WIRE)-CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report.

ROAD TO RUIN: Mortgage Fraud Scandal Brewing Roughly one in every 109 mortgage applications has some indication of fraud, according to data from CoreLogic cited. biggest cause for fraud risk was inaccurate income reporting. The practice shot.