CoreLogic: Mortgage Fraud Risk Up in Q2

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Mortgage fraud risk experienced a 16.9 percent year-over-year spike in the second quarter, according to new data from CoreLogic. Mortgage Fraud Risk Increased Over Q2 Skip to main content

Fraud Risk Declines 11 Percent, CoreLogic Reports. July 23, 2019. Fraud risk declined more than 11 percent over the past year, according to the latest CoreLogic National Mortgage Application Fraud Risk Index.. New York, New Jersey, and Florida remain the top three states for mortgage application fraud risk, maintaining the same positions as last year.

CoreLogic’s latest Mortgage Fraud Report showed that at the end of the second quarter of 2014 there was a 3.2 percent year-over-year increase in fraud risk, as measured by the Mortgage Application Fraud Risk Index. Read on for more details.

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,

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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Mortgage fraud risk sees substantial increase in Q2 2018.. In its latest Mortgage Fraud Report, CoreLogic determined that mortgage fraud risk was up 12.4 percent compared to the previous year.

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.

The risk of mortgage application fraud fell in the second quarter of 2019 thanks to a decrease in interest rates. According to CoreLogic’s National Mortgage Application Fraud Risk Index, fraud risks on mortgage applications decreased by 11.4% year over year last quarter.At the same time, s hares of refinance transitions increased from 31% in Q1 to 35.5% in Q2.

according to mortgage risk mitigation provider CoreLogic. Even while ranking No. 6 in the country, the Tampa Bay area – which.

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