Florida, Tampa Bay rank high in risk of mortgage fraud

TAMPA, Fla. (WFLA) – Tampa Bay is the sixth most high-risk metro area in the country for mortgage application fraud, according to mortgage risk mitigation provider CoreLogic.

Home Mortgage Rates in Florida Florida real estate information. florida is the 3 rd most populous state in the US, and for good reason. With its warm year round temperatures and miles of beaches, there is no doubt as to why it is referred to as the "Sunshine State."

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The fraud involved condo units. Please Sign In and use this article’s on page print button to print this article.

TAMPA – With his wife’s family in the Tampa Bay area and his own. As I think about the west coast of Florida – Tampa/St. Pete, Sarasota/Bradenton and down to Fort Myers – those are three (areas).

The rate of homeownership – that cornerstone of middle class status and community stability – is hitting 50-year lows nationwide and continuing to fall in the Tampa Bay market. on rent. Florida’s.

Landlocked Florida City – which bills itself as a gateway to the Florida Keys and Everglades National Park – last week accepted a $1.01 million settlement from British Petroleum, just a small piece of.

Mortgage Fraud Risk Highest in Florida, New York, New Jersey. The index is based on the share of loan applications that exhibit a high risk of fraud. According to CoreLogic’s second-quarter 2016 report, the five metro areas with the highest growth in fraud risk are Springfield, Massachusetts (up 74.4%); Syracuse, New York (up 64.6%); Omaha,

Study Finds 6.4 Million U.S. Homeowners Still Have Underwater Mortgages reduced the number of homeowners underwater on their mort-gages to 3.2 million by year’s end, a remarkable drop from the 12.1 million peak in 2011. In inflation-adjusted terms, however, national home prices remained nearly 15 percent below their previous high (figure 1-a). As a result, the typical homeowner

Homeowner receives deed after mortgage fraud Report: South Florida has highest risk of mortgage fraud in the country. The high number of cheap foreclosed homes in South Florida has made the region a magnet for fraud. But as the foreclosure inventory dwindles away, the opportunity for fraud is growing smaller. The risk of mortgage fraud in South Florida fell by 9 percent year-over-year in the second quarter, according to the report.

The list was originally designed as a resource to report mortgage fraud, predatory lending scams and identity theft in Florida but may also serve those who are victims of many types of fraud in.

Mortgage. company’s fraud list, with Tampa, Orlando and Sarasota rounding out the top four. New York City was fifth and Jacksonville was sixth. Florida was identified as the highest fraud-risk.

Mortgage Application Fraud Highest in Florida New York, New Jersey and Florida remain the top three states for the risk of mortgage fraud as fraud on mortgage applications. the Tampa Bay area ranked eighth in the risk of application fraud.