CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest mortgage fraud report.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.
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.
Here’s a quick overview: Overall fraud in mortgage applications jumped by 12.4 percent. but CoreLogic says it is now spreading across the country. “The typical scenario is a new job with a.
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.
· According to the report and the CoreLogic Mortgage Application Fraud Risk Index, mortgage risk is up 12.4 percent year over year as of Q2 2018.
CoreLogic’s latest Mortgage Fraud Report showed a 12.4 percent year-over-year increase in fraud risk at the end of the second quarter. Read on for more details. Subscribe to get the full story!
“One million borrowers achieved positive equity over the last year, which means mortgage risk continues. highest year-over-year increase in homeowner equity at $37,900. Nevada had the highest.
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It should be noted that the increase in application fraud risk is not necessarily indicative of a higher percentage of people misstating their income on mortgage. for CoreLogic. Of the two, only.
The risk of mortgage fraud jumped by 12.4 percent on an annual basis in the. The greatest year-over-year increases were in New Mexico, CoreLogic says the continued shift from a refinance-heavy market to one that is.
· Overall fraud in mortgage applications jumped by 12.4 percent from a year ago, according to realty analytics firm CoreLogic, which has access to.
CoreLogic Reports a 12.4 Percent Year-over-Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018 – The index is standardized to a baseline of 100 for the share of high-risk loan applications nationally in the third quarter of 2010. Each one-point change in the index represents a 1 percent change in.