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CoreLogic Reports Mortgage Fraud is on the Increase

CoreLogic [] CLGX, -0.82%, a leading global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report. The report shows an 11.4% year.

The report shows an 11.4% year-over-year decrease in fraud risk at the end of the second quarter, as measured by the CoreLogic mortgage application fraud risk index, which is the first decrease.

The risk of fraud in mortgage applications increased 16.9% in the second quarter compared with the second quarter of 2016, according to CoreLogic’s Mortgage Fraud Report.. The increase is expected because applications for purchases now make up a greater share of total applications, due to the fact that refinances have been falling due to higher mortgage rates.

CoreLogic (), a leading global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report.The report shows an 11.4% year-over-year decrease in fraud risk at the end of the second quarter, as measured by the CoreLogic Mortgage Application Fraud Risk Index, which is the first decrease since the third quarter of 2016.

CoreLogic (NYSE: 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 year-over-year increase in fraud risk at the end of the second quarter, as measured by the CoreLogic Mortgage Application Fraud Risk Index.

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"Core Logic Reports Mortgage Fraud Trend" David Bartels | Lee Honish (part 3 of 3) 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 States, according to reports released this month by two key mortgage industry sources.

The CoreLogic Mortgage Fraud Report analyzes the collective level of loan application fraud risk the mortgage industry is experiencing each quarter. The report says that the continued shift to a purchase market is a key factor in the rise in application fraud risk due to stronger motivations and increased opportunities to commit mortgage origination fraud.

And like other types of unpaid debt, it is likely to show up on your credit report – used by lenders, employers, utilities,

CoreLogic Mortgage Fraud Report 2018: the report shows a 12.4 percent year-over-year increase in mortgage fraud risk.

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