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.
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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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The risk levels from refinance segments decreased anywhere from 12% to 30%, according to CoreLogic. 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.
In its latest Mortgage Fraud Report, CoreLogic determined that mortgage fraud risk was up 12.4 percent compared to the previous. The risk of occupancy fraud had a year-over-year increase of 3.5.
Income fraud risk had the greatest increase year-over-year, followed by. The CoreLogic Mortgage Application Fraud Risk Index increased 12.4 percent.
There was a 12.4% year-over-year increase in fraud risk at the end of the second quarter of 2018, according to Corelogic’s most recent Mortgage Application Fraud Risk Index.. As growing concern.
The most recent CoreLogic Mortgage Fraud Report once again indicated that fraud risk is on the rise.The report cited a 12.4 percent year-over-year rise in their mortgage application fraud risk index, with income fraud risk reported up 22.1 percent as the highest increase in risk found.
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 analysis.
Risk index has continually increased for the last seven quarters States with heavy out of state investment showed significantly higher fraud risk All loan segments showed increased risk year over year.
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Lending CoreLogic: Mortgage fraud risk spiked in the second quarter There was a 12.4% year-over-year increase in fraud risk in Q2
The risk of mortgage fraud jumped by 12.4 percent on an. metro areas with the largest year-over-year increases in application fraud risk were Oklahoma City, El Paso, Springfield, Massachusetts;.