CoreLogic: 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 Stephanie Abbott – September 13, 2018 – Leave a comment IRVINE, Calif.-(BUSINESS WIRE)-CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report.

The Corelogic risk index has continually increased for the last seven quarters . 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.

IRVINE, Calif.–(BUSINESS WIRE)–CoreLogic ® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report. The.

The risk of fraud in mortgage applications increased 16.9 percent in the second quarter compared to the second quarter of 2016, according to CoreLogic’s latest Mortgage Fraud Report. The analysis found that during the second quarter of 2017, an estimated 13,404 mortgage applications, or 0.82 percent of all mortgage applications,

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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CoreLogic’s latest Mortgage Fraud Report, released Tuesday, shows a 3.2 percent year-over-year increase in fraud risk among mortgages in the U.S. in the second quarter of 2014, as measured by the.

What is Mortgage Fraud? 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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CoreLogic’s Mortgage Application Fraud Type indexes include six components. Of them, only undisclosed mortgage debt risk showed an increase, 1.7 percent. The largest year-over-year decline was in.

Mortgage fraud by wannabe home buyers is on the rise.. Overall fraud in mortgage applications jumped by 12.4 percent from a year ago, they rent it out, sharply raising the risk of default and loss for the unsuspecting lender.. fannie Mae has seen the scam mainly in California, but CoreLogic says it is.

. 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. year over year increases in mortgage fraud risk since prior to the. Fraud rates for investment properties are 88 percent higher than the.