CoreLogic: Mortgage Fraud Risk Up in Q2

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. in 2010 to 150 as of Q2 in 2018 with sharp increases quarterly since Q2 in 2016. CoreLogic’s annual report doesn’t collect actual cases of mortgage fraud but calculates risk with detailed data on.

–(BUSINESS WIRE)–CoreLogic ® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its Q2 2017 CoreLogic Housing Credit Index (HCI ).

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CoreLogic. 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.

Lower fraud risk: Lenders have. speeding up the workflow process and providing borrower convenience and lender reassurance,” says Eric Connors, executive, for mortgage and credit analytics for.

Sep-12-19 08:00AM, 2019 CoreLogic Wildfire Risk Report Highlights U.S.. Year -over-Year Decrease in Mortgage Fraud Risk in the Second Quarter of. Jul-24- 19 05:45PM, CoreLogic (CLGX) Surpasses Q2 Earnings and Revenue Estimates Zacks. 08:58AM, Single-family home rental prices up 3% in Dallas-Fort Worth.

. fraud in these categories might crop up. CoreLogic’s researchers credit new regulations and greater scrutiny on creditworthiness as factors in rooting out fraud. The CoreLogic Mortgage Application.

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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.

The national mortgage application fraud risk index rose from 132 in the first quarter of 2017 to 133 in the second quarter, according to researchers at CoreLogic. The index score was 113 in the.

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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Mortgage Fraud Risk Increased Over Q2. During the second quarter, CoreLogic found an estimated 13,404 mortgage applications, or 0.82 percent of all mortgage applications, were pockmarked with indications of fraud. In comparison, 12,718 mortgage applications, or 0.70 percent, had indications of fraud in the second quarter of 2016.