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

A second factor leading to the fraud risk was a 48 percent increase in the share of loans originated through wholesale channels, the report found. According to CoreLogic, wholesale applications have shown a higher risk level than retail channels.

CoreLogic , a global property information, analytics and data-enabled solutions provider, today released its latest mortgage fraud report. The report shows a 12.4 percent year-over-year increase in fraud risk at the end of the second quarter, as measured by the CoreLogic Mortgage Application Fraud Risk Index.

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 in fraud risk, as measured by the CoreLogic Mortgage Application Fraud Risk Index.

CoreLogic ® (CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report. The report shows a 12.4 percent.

CORELOGIC REPORTS A 12.4 PERCENT YEAR-OVER-YEAR INCREASE IN MORTGAGE FRAUD RISK FOR THE SECOND QUARTER OF.

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.

The risk of mortgage fraud jumped by 12.4 percent on an annual basis in the. The greatest year-over-year increases were in New Mexico, CoreLogic says the continued shift from a refinance-heavy market to one that is.

"There was an 86 percent increase. risk of inflation, leading to increased mortgage rates and a negative impact on real estate markets. As in Connecticut, there was a national trend of rising home.

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 · Instances of mortgage fraud risk grew 12.4 percent since last year, according to CoreLogic’s Mortgage Application Fraud Risk Index.Approximately one in 109 applications, or 0.92 percent, of all mortgage applications contained indications of fraud. This is up from one in 122, or 0.82 percent, last year.

CoreLogic Reports a 12.4 Percent Year-over-Year Increase in Mortgage Fraud Risk Stephanie Abbott – September 13, 2018 – Leave a comment 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 the end of the second quarter of 2017, the report shows a 16.9 percent year-over-year increase in fraud risk, as measured by the CoreLogic Mortgage Application Fraud Risk Index.