CoreLogic Reports Mortgage Fraud is on the Increase
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.
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.
While the fraud alert from Fannie Mae is new, and focused on Southern California, the method is an old standby, and members of our fraud consortium have been reporting an increase in this scenario across the country.
Recent housing data has been showing an increase in demand for new homes and this is reflected in Lennar’s report. The rise.
Instances of mortgage and valuation fraud are on the rise, CoreLogic reported Oct. 28 in its 2014 Mortgage Fraud Report. During the second quarter, an estimated 11,100 mortgage applications, or 0.69 percent of all mortgage applications, contained fraud, as compared with 19,700 or 0.67 percent in the second quarter of 2013, when the total.
ProPublica, a US-based investigative journalism outlet, has accused Donald Trump of inconsistencies in tax returns that.
""CoreLogic research indicates that the mortgage industry is likely to originate $325 million resulting from short sale fraud in 2012,"" the firm states in its report.
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Yet, CoreLogic reports that while the propensity for mortgage fraud is declining from its peak in 2012, the overall amount is increasing as mortgage loan applications increase. read also: 2.5.
CoreLogic report: mortgage fraud is on the Increase CoreLogic CoreLogic (NYSE: CLGX), a global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report.
CoreLogic Mortgage Fraud Report 2018: the report shows a 12.4 percent year-over-year increase in mortgage fraud risk.
If you think you have been a victim of real estate wire fraud or a mortgage closing scam, act fast. Immediately call your.
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.