Mortgage Fraud Risk Rises for Sixth Straight Quarter

Real-estate information researchers at CoreLogic reported Thursday that the risk to mortgage lenders of a fraudulent application rose 12% year over year in the second quarter of 2018, the seventh........»»

The CoreLogic quarterly mortgage fraud risk index rose for the eighth consecutive time in the third quarter of 2018......»»

Mortgage application fraud continues to trend higher according to the latest quarterly report from CoreLogic......»»

Mortgage fraud risk jumped more than 12 percent year over year at the end of the second quarter, according to CoreLogic, which measures six fraud indicators: identity, income, occupancy, property, transaction and undisclosed real estate debt......»»

Mortgage fraud risk jumped more than 12 percent year over year at the end of the second quarter, according to CoreLogic, which measures six fraud indicators: identity, income, occupancy, property, transaction and undisclosed real estate debt......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

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Manhattan’s would-be homebuyers are in no rush to make deals, while the number of condos and co-ops on the market continues to rise. Purchases dropped for a sixth straight quarter in the first three... To view the full story, click the title link......»»

The drop stems from an over-supply of high-end and highly priced apartments, a lack of foreign buyers and the new federal tax law that has hit real estate in high-tax states......»»

Mortgage fraud risk has risen substantially in recent years as refinance activity has dried up for lenders......»»