CoreLogic says South Florida tops mortgage fraud risk index, delinquencies rising – South Florida Business Journal CoreLogic, the mortgage analytics and research firm has published their latest updates on Mortgage Fraud in the US and Florida continues to be the epicenter of fraud. The CoreLogic Mortgage Fraud Index tracks application characteristics in their consortium, scores each application for risks of fraud and then aggregates those statistics to.
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The CoreLogic National Mortgage Application Fraud Risk Index, which analyzes metro areas with the highest mortgage fraud risk, reflects this challenge. The Index rose to 144 for Q1 2018 (a 10 percent increase over Q1 2017). Sessions at the event included topics such as cyber fraud and the how the advent of the digital mortgage impacts fraud risk.
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It’s a story involving forged deeds, a corrupt title company and a South Side family that has been under investigation for mortgage fraud. Left holding the bag is countrywide home loans, the nation’s largest mortgage lender and a company whose practices are being scrutinized by.
Mortgage fraud is a major concern for mortgage lenders, as they attempt to protect themselves from bad loans. This is especially true in areas that were hit hard by the housing market meltdown, such as Southern Florida, that are beginning to show signs of an early housing recovery. Consumer Pamphlet: Mortgage Fraud.
CoreLogic says South Florida tops mortgage fraud risk index, delinquencies rising – South Florida Business Journal Risk for mortgage fraud increases slightly – CoreLogic – CoreLogic says conditions in the mortgage market are once again fertile ground for mortgage fraud.The company’s National Fraud Risk Index hit a new high of 132 in the.
CoreLogic Reports a 12.4 Percent Year Over Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018 corelogic (nyse: clgx), CoreLogic says South Florida tops mortgage fraud risk index, delinquencies rising – South Florida Business Journal;
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