Florida, Tampa Bay rank high in risk of mortgage fraud

TAMPA, Fla. (WFLA) – Tampa Bay is the sixth most high-risk metro area in the country for mortgage application fraud, according to mortgage risk mitigation provider CoreLogic.. Even while ranking.

Each one-point change in the index represents a 1% change in the share of mortgage applications having a high risk of fraud. Here are the 10 metro areas with the highest 2016 second-quarter index.

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New York, New Jersey, and Florida remain the top 3 states for mortgage application fraud risk. The CoreLogic Mortgage Application Fraud Risk Index increased 12.4 percent nationally from the.. Purchase transactions show higher risk levels than refinance transactions. Tampa-St. Petersburg-Clearwater, FL. 3,091,399.

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Florida Dominates Mortgage Fraud Index In Fraud Trends September 12, 2016 Frank McKenna CoreLogic, the mortgage analytics and research firm has published their latest updates on Mortgage Fraud in the US and Florida continues to be the epicenter of fraud.

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The Tampa Bay area is among the U.S. metro areas most at risk for mortgage application fraud. According to the real estate information firm corelogic, the bay area ranks sixth in the rate at which.

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