CoreLogic: 12.4 Percent Year-Over-Year Increase in Mortgage Fraud Risk

Even mortgage fraud has taken a different route. Mortgage application fraud risk is down 5.6 percent year-over-year in the second quarter of 2013, according to the most recent corelogic marketpulse ..

Among the 20 cities analyzed by this data survey, Portland saw the greatest gains in July with a 12.4 percent year-over-year price increase. and Mortgage Market Review published by Arch Mortgage.

The report shows an 11.4% year-over-year. all CoreLogic mortgage fraud consortium members. Indicator levels are based on the prevalence and predictive ability of the relevant alerts. An increase in.

The cost of housing statewide grew 8.1 percent in August from a year earlier and rose 7.7 percent when distressed sales were left out of the calculations. On a national basis, prices soared 12.4.

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The most recent CoreLogic Mortgage Fraud Report once again indicated that fraud risk is on the rise.The report cited a 12.4 percent year-over-year rise in their mortgage application fraud risk index, with income fraud risk reported up 22.1 percent as the highest increase in risk found. The next greatest increase was for occupancy fraud risk, which was reported up 3.5 percent.Interestingly, the.

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The city is approaching high valuation risk," according to the report. The median price for all Bay Area homes sold in August was $830,000, up 12.4 percent annually, according to CoreLogic. percent.

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What is MORTGAGE FRAUD? What does MORTGAGE FRAUD mean? MORTGAGE FRAUD meaning & explanation HAVE INDICATIONS OF FRAUD IN Q2 2018 The corelogic mortgage application fraud risk index increased 12.4 percent nationally from the second quarter 2017 to the second quarter of 2018. The index has increased for each of the last seven quarters and has been on a long-term upward trend from Q3 2010. This year’s increase is attributed to a

Here’s a quick overview: – Overall fraud in mortgage applications jumped by 12.4 percent. but CoreLogic says it is now spreading across the country. “The typical scenario is a new job with a.

The DTI for homebuyers was unchanged at an average of 36 percent in the two fourth quarter periods. The share of those with DTIs at or above 43 percent increased slightly from 2001. LTV for homebuyers.

Mortgage fraud risk jumped more than 12 percent year over year at the end of the second quarter, according to CoreLogic. One in every 109 mortgage. and that may be part of the reason for the.