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IRVINE, Calif.–(BUSINESS WIRE)–CoreLogic ® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report. As of.
Mortgage fraud risk is up across the country, according to the CoreLogic National mortgage application fraud risk Index (FRI) for Q1 2017. The FRI is a measure of loan-application level fraud risk.
Over half of the top 20 mortgage lenders in the U.S. choose ACES Risk Management (ARMCO) as their provider for transaction risk management software.
"This year’s trend continues to show an increase in mortgage fraud risk year over year," said Bridget Berg, Principal of Fraud Solutions Strategy for CoreLogic. "Because home prices are rising, and.
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CoreLogic's mortgage fraud risk index is calculated from the. In our 2018 annual report, we found the percentage of borrowers with less than one. The typical scenario includes a large increase in income from the prior job,
CoreLogic Reports a 16.9 Percent Year-Over-Year Increase in Mortgage Fraud Risk in the Second Quarter of 2017: September 19, 2017 — CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report. As of the end of the second quarter of 2017, the report shows a 16.9 percent year-over-year increase.
Reports: Real estate loan fraud getting worse Number of suspicious activity reports up 33% Thursday, May 18, 2006 By Janis Mara Inman News Mortgage fraud, described as an "epidemic" by the FBI, is intensifying in the United
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According to National Association of Realtors spokesman Walter Molony, 2013 will see an estimated 11 percent increase in the housing market, creating all kinds of new opportunity for scammers.