CoreLogic reports a 12.4 percent YOY increase in mortgage fraud risk The increased risk was for the second quarter of 2018
The CoreLogic Mortgage Fraud Report analyzes the collective level of loan application fraud risk the mortgage industry is experiencing each quarter. The report says that the continued shift to a purchase market is a key factor in the rise in application fraud risk due to stronger motivations and increased opportunities to commit mortgage origination fraud.
According to CoreLogic’s latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally.
CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report. 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.
As of the end of the second quarter of 2017, the report shows a 16.9 percent year-over-year increase in fraud risk, as measured by the CoreLogic Mortgage Application Fraud Risk Index.
Mortgage document preparation. secure way to increase efficiency and speed the time from application to closing,” said.
"We see nothing in today’s report to suggest consumers will. and last month’s increase suggested a rebound in existing.
There was a significant increase in mortgage fraud risk at the end of the second quarter of 2018, according to Corelogic’s latest Mortgage Application Fraud Risk Index.
Fraud risk is up, according to the latest CoreLogic Mortgage Fraud Report.According to the report and the CoreLogic Mortgage Application Fraud Risk Index, mortgage risk is up 12.4 percent year.
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CoreLogic (), a leading global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report.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 since the third quarter of 2016.
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