CoreLogic Reports a 12.4 Percent Year Over Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018

CoreLogic Reports a 12.4 Percent Year Over Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018

IRVINE, Calif.–(BUSINESS WIRE)–CoreLogic Mortgage Fraud Report 2018: the report shows a 12.4 percent year-over-year increase in mortgage fraud risk. CoreLogic Reports a 12.4 Percent Year-over-Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018

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CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its 2019 Rental Applicant Risk (RAR) Report, showing the national RAR index.

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Phoenix was the only one of the 20 cities to have a greater price increase in the year. 4.1 percent from January 2018 to January 2019. San Francisco saw annual price increases shrink from 10.2.

The company’s Quarterly Mortgage Fraud Risk Index fell from 152 in the first quarter to 132 and is 11.4 percent lower than the 149 reading in the second quarter of last year. The company said the.

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.

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According to mortgage-fraud researchers, income misrepresentations on home-loan applications were up 22.1 percent in the second quarter of this year compared with the same period in 2017.

June sales were also higher on a year-over-year basis, up 4.5 percent from the June 2018 estimate of 618,000 units. New sales had posted significant losses in both April and May, down 6.9 percent in.

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HAVE INDICATIONS OF FRAUD IN Q2 2018 The CoreLogic Mortgage Application Fraud Risk Index increased 12.4 percent nationally from the second quarter 2017 to the second quarter of 2018. The index has increased for each of the last seven quarters and has been on a long-term upward trend from Q3 2010. This year’s increase is attributed to a

Mortgage application fraud declined in the second quarter of this year. volume increase than any other segment. CoreLogic looks at fraud risk across various types. Undisclosed real estate debt,

CoreLogic said its Mortgage Application Fraud Risk Index now puts the rate of fraud at 0.92 percent or one of every 109 mortgage applications received. In the second quarter of last year the index.

CoreLogic , a 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.

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