CoreLogic: Mortgage Fraud Risk Up in Q2

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According CoreLogic, the continued shift from a refinance-heavy market to a predominantly purchase market is a key factor in the application fraud risk increase. From Q2 2017 to Q2 2018, the proportion of purchase transactions within the consortium increased from 66 percent to 72 percent of applications, the report showed.

CoreLogic: Valuation Fraud Risk Drops in Second Quarter The risk of mortgage fraud decreased during the second quarter, with valuation fraud showing the biggest improvement, falling 7.1 percent between the first and second quarters of the year, according to the Second Quarter Mortgage Fraud Report released Sept. 25 by analytics firm CoreLogic.

The risk of mortgage fraud in the second quarter was 12.4 percent higher from one year earlier, according to the latest data from the CoreLogic Mortgage Application fraud risk index. corelogic: mortgage fraud Risk Up in Q2

CoreLogic determined that an estimated one in 109 applications, or 0.92 percent of all mortgage applications, contained indications of fraud in the second quarter. One year ago, that level was one in.

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 Reports. 26 ALTA: Plan to Reform.. encouraged the House to take up the bill.. into its real estate wire fraud prevention platform SafeWire. Through the.. the second-highest Q2 results since 2002. I'm confident.

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According to CoreLogic’s National Mortgage Application Fraud Risk Index, fraud risks on mortgage applications decreased by 11.4% year over year last quarter.

Including next Tuesday, the 23 rd, when MGIC reports its Q2 results. namely mortgage insurance policies in force. The MIs have increasingly shifted credit risk to other insurers, meaning that they.

CoreLogic’s property intelligence and risk management revenues. 3% to $488 million in the second quarter, up from $474 million in the second quarter of 2017. This increase was despite the impact of.

The purpose of this study is to provide insight into the breadth and depth of mortgage fraud crimes perpetrated. allow them to shift the risk to others. 1 Despite increased scrutiny, many industry.