Today’s Fraud News from around the world: corelogic reports a 16.9 percent year-over-year increase in mortgage fraud risk in the second.: The CoreLogic Mortgage Fraud Report analyzes the collective level of loan application fraud risk the mortgage industry is experiencing each quarter.:Google Alert – Fraud
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Irvine, Calif.-As of the end of the second quarter of 2015, there was an 8.9 percent year-over-year decrease in fraud risk, as measured by the Mortgage application fraud risk index. That is the.
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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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The risk of mortgage fraud in the second quarter was 12.4 percent higher from one year earlier, according to the latest data from the CoreLogic Mortgage Application Fraud Risk Index. CoreLogic determined that an estimated one in 109 applications, or 0.92 percent of all mortgage applications, contained indications of fraud in the second quarter.
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Withdrawals were down 8 percent compared to Q3 and 16 percent year-over-year. Withdrawals via equity lines or loans were down 10 percent both for the quarter and. prepay increases when mortgage.
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
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. This press release.
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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.