CoreLogic: 12.4 Percent Year-Over-Year Increase in Mortgage Fraud Risk
· Credit Score: The average credit score for homebuyers increased 4 points year over year between Q4 2015 and Q4 2016, rising from 733 to 737. In Q4 2016, the share of.
CoreLogic's mortgage fraud risk index is calculated from the. last September, the fraud risk index had risen 12.4% year over year, we found the percentage of borrowers with less than one year on the job. The 15 metro areas with the highest mortgage fraud risk and the quarter-over-quarter change are:.
· The most recent CoreLogic Mortgage Fraud Report once again indicated that fraud risk is on the rise.The report cited a 12.4 percent year-over-year rise in their mortgage application fraud risk index, with income fraud risk reported up 22.1 percent as the highest increase in risk found. The next greatest increase was for occupancy fraud risk, which was reported up 3.5 percent.Interestingly, the.
CoreLogic’s Mortgage Application Fraud Type indexes include six components. Of them, only undisclosed mortgage debt risk showed an increase, 1.7 percent. The largest year-over-year decline was in.
25, 2013 /PRNewswire via COMTEX/ — CoreLogic. of income on a mortgage application showed the greatest year-over-year increase in the second quarter of 2013 at 13.3 percent. Quarter over quarter,
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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.
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· Mortgage fraud risk jumped more than 12 percent year over year at the end of the second quarter, according to CoreLogic.
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Mortgage fraud risk rose to its highest post-recession level, climbing 12.4 percent year-over-year in the second quarter of 2018, according to the latest CoreLogic Mortgage Application Fraud Risk.
Of the six components in the CoreLogic Mortgage Application Fraud Type Indexes, property fraud risk had the largest year-over-year percentage increase at 3.3 percent; undisclosed debt risk showed the.
According to the Mortgage Fraud Report, there was a 12.4% year-over-year increase in fraud risk at the end of the second quarter of 2018.