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As of the end of the second quarter of 2017, the report shows a 16.9 percent year-over-year increase in fraud risk, as measured by the CoreLogic Mortgage Application Fraud Risk Index.
CoreLogic: Mortgage fraud risk spiked in the second quarter Julia Falcon is a coffee-driven reporter for HousingWire. Prior to HousingWire, she was a digital content producer at Entercom, focusing.
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CoreLogic, a provider of information, analytics and business services, has released IncomeAdvisor, the only income assessment tool for mortgage and auto lenders. ability to quickly assess income.
Application fraud was up slightly from $5.2 billion in the first quarter of 2013. CoreLogic categorizes mortgage application risk using six specific indexes; income, occupancy, employment, identity,
25, 2013 /PRNewswire via COMTEX/ — CoreLogic. Q2 2013: — The total dollars of fraudulent mortgage loan applications increased in 27 states compared to a quarter ago. — Ohio had the highest.
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CoreLogic, Inc. (NYSE: CLGX), headquartered in Irvine, California, provides property, The company also owns or licenses data assets, such as loan. on mortgage-backed securities, providing analytical products for risk management, collateral assessment, loan quality reviews, and fraud assessment,
According to the report and the CoreLogic Mortgage Application Fraud Risk Index, mortgage risk is up 12.4 percent year over year as of Q2 2018. The report found that in Q2 2018, around one in 109.
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 determined that an estimated one in 109 applications, or 0.92 percent of all mortgage applications, contained indications of fraud in the second quarter.
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The Core Mortgage Risk Monitor (CMRM) is a quarterly publication providing an economic forecast, analysis and commentary on the relative risk of residential mortgage loan delinquencies due to fraud propensity and collateral risk, house price dynamics, and the health of local market economies.