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-Newly Released Mortgage Fraud Report Identifies Florida as the State with the Greatest Increase in Fraud Risk; Arizona with the greatest decline- corelogic (nyse: CLGX), a leading global property information, analytics and data-enabled services provider, today released its latest mortgage fraud report.
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CoreLogic released its latest Mortgage Fraud Report.As of the end of the second quarter of 2016, the report shows a 3.9 percent year-over-year increase in fraud risk, as measured by the CoreLogic Mortgage Application Fraud Risk Index.
Increasing concern over mortgage fraud led the 2018 corelogic mortgage fraud. and his fellow fraudsters falsified everything from appraisal reports to deeds,
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.
CoreLogic ® (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.
· CoreLogic released their quarterly fraud index which tracks the fraud risk of applications submitted by lenders that use their fraud detection systems. According to the Mortgage Fraud Report, there was a 12.4% year-over-year increase in fraud risk at the end of the second quarter of 2018. CoreLogic Fraud Index Has Shown Fraud Risk Has Increased Every Quarter for Last 2 Years.
· The CoreLogic Mortgage Fraud Report examines the collective level of fraud risk among mortgage applications at the national, state and Core Based Statistical Area (CBSA) levels.
Mortgage fraud was up year-over-year in the second quarter, with Florida remaining the state with the highest risk of fraud, according to new data from CoreLogic. More than 12,000 mortgage.
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.
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Prediction #4 – Mortgage Fraud Will Increase to Highest Level Since The Meltdown of 2009 Mortgage fraud is on the rise and it has been for a few years now. According to CoreLogic, the data and analytics company that produces the national fraud index, mortgage risk reached its highest level in 2017 since the meltdown in 2009.