CoreLogic says conditions in the mortgage market are once again fertile ground for mortgage fraud.The company’s National Fraud Risk Index hit a new high of 132 in the first quarter of this year.
CoreLogic says south florida tops mortgage fraud risk index, delinquencies rising – South Florida Business Journal Based on the latest data from CoreLogic’s mortgage fraud risk index, mortgage lenders in the Miami metropolitan area face the highest risk for attempts to commit fraud. The index is based on the.
CoreLogic, the mortgage analytics and research firm has published their latest updates on Mortgage Fraud in the US and Florida continues to be the epicenter of fraud. The CoreLogic Mortgage Fraud Index tracks application characteristics in their consortium, scores each application for risks of fraud and then aggregates those statistics to.
CoreLogic: Mortgage fraud risk continues to decline. New York and Florida, CoreLogic noted.. only Ohio had a large positive year-over-year increase in the application fraud index, so rising.
The national mortgage application fraud risk index rose from 108 in the third quarter of 2016 to 122 in the fourth quarter, according to researchers at CoreLogic, a sequential increase of 13%. The.
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The highest year-over-year growth in mortgage application fraud risk was noted in Florida, where it was up 72.6% compared with the second quarter a year ago.. The fraud risk index evaluates six.
Florida regions top CoreLogic mortgage fraud report.. miami-fort lauderdale-west palm beach ranks no. 1 for highest risk of mortgage fraud.. South Florida in a week: May 2-6. by Inman.
South Florida is the nation’s capital of mortgage fraud. Miami-Dade, Broward and Palm Beach counties have the highest risk of mortgage fraud in the country, according to a report released.
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