CoreLogic Reports a 12.4 Percent Year Over Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018

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 for.

In CoreLogic’s last annual review of mortgage fraud risk published last September, the fraud risk index had risen 12.4% year over year, continuing an upward trend that began in the third quarter.

The CoreLogic Mortgage Fraud Brief analyzes the metro areas with the highest mortgage fraud risk on a quarterly basis, and offers quarterly mortgage fraud insights based on analysis of trends found in residential mortgage loan applications processed by LoanSafe Fraud Manager.

According to mortgage-fraud researchers, income misrepresentations on home-loan applications were up 22.1 percent in the second quarter of this year compared with the same period in 2017.

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CoreLogic data scientists and thought leaders regularly provide insight on housing economies and property markets. Get an expanded perspective on property intelligence, market developments and trends that shape the real estate economy through our original analysis and commentary.

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. Source: CoreLogic Reports a 12.4 Percent Year-over-Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018 | Business Wire

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CoreLogic’s latest Mortgage Fraud Report, released Tuesday, shows a 3.2 percent year-over-year increase in fraud risk among mortgages in the U.S. in the second quarter of 2014, as measured by the.

Mortgage fraud by wannabe home buyers is on the rise.. were up 22.1 percent in the second quarter of this year compared with the same period in 2017.. It's all part of one of the least-reported issues in the real estate market of 2018:. Fannie Mae has seen the scam mainly in California, but CoreLogic.

Home prices increased nationally by 4.7 percent year over year from December 2017. On a month-over-month basis, prices increased by 0.1 percent in December 2018. ( November 2018 data was revised.

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CoreLogic , a 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.