CoreLogic Reports a 12.4 Percent Year Over Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018

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.

Homeowners with a mortgage have seen the equity in their home rise by 12.3 percent year-over-year, according to CoreLogic’s newly released Home Equity Report for the second quarter. The average homeowner has gained $16,200 in home equity between the second quarter of 2017 and the second quarter of 2018.

Types Of Home Loans In Texas CoreLogic Reports a 12.4 Percent Year-over-Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018 – Oklahoma and Texas. Of these, New Mexico, Illinois and Oklahoma now have risk levels greater than the National Index, which grew from 133 to 149 year over year.

CoreLogic said its Mortgage Application Fraud Risk Index now puts the rate of fraud at 0.92 percent or one of every 109 mortgage applications received. In the second quarter of last year the index.

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New 2018 predictions from real estate brokerage Redfin anticipate high-tax states. The supply of homes is expected to increase nationally next year for the first time. compared with the same month last year, CoreLogic reported Thursday. Mortgage fraud dropped 5.6 percent in the second quarter from a year earlier,

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The risk of fraud in mortgage applications increased 16.9 percent in the second quarter compared to the second quarter of 2016, according to CoreLogic’s latest Mortgage Fraud Report. The analysis found that during the second quarter of 2017, an estimated 13,404 mortgage applications, or 0.82 percent of all mortgage applications,

Today’s Fraud News from around the world: corelogic reports a 16.9 percent year-over-year increase in mortgage fraud risk in the second.: The CoreLogic Mortgage Fraud Report analyzes the collective level of loan application fraud risk the mortgage industry is experiencing each quarter.:Google Alert – Fraud