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The highest year-over-year growth in mortgage application fraud risk was noted in Florida, where it was up 72.6% compared with the second quarter a year ago.. The fraud risk index evaluates six.
CoreLogic says South Florida tops mortgage fraud risk index, delinquencies rising – South Florida Business Journal CoreLogic reported that the National mortgage application fraud risk index increased to 122 in the fourth quarter of 2016. The trend shows increasing risk for the year overall from an index value of 115 in the Fourth Quarter of 2015.
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CoreLogic says South Florida tops mortgage fraud risk index, delinquencies rising – South Florida Business Journal Based on the latest data from CoreLogic’s mortgage fraud risk index, mortgage lenders in the Miami metropolitan area face the highest risk for attempts to commit fraud. The index is based on the.
CoreLogic: Mortgage fraud risk continues to decline. New York and Florida, CoreLogic noted.. only Ohio had a large positive year-over-year increase in the application fraud index, so rising.
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Based on the latest data from CoreLogic’s mortgage fraud risk index, Mortgage Fraud Risk Highest in Florida, New York, New Jersey.. Top Analyst Upgrades and Downgrades:.
Florida regions top corelogic mortgage fraud report.. Miami-Fort Lauderdale-West Palm Beach ranks no. 1 for highest risk of mortgage fraud.. south florida in a week: May 2-6. by Inman.
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The FBI calls mortgage fraud an epidemic and the techniques used continue to become more sophisticated and harder to detect. And, typically, the more complex the fraudulent scheme, the greater the potential for loss. Fraud originates from borrowers, collateral, and agents or brokers-or some mixture of the three.