CoreLogic: 12.4 Percent Year-Over-Year Increase in Mortgage Fraud Risk

“Mortgage rates have been declining ever since, reaching 4.27 percent. 12.4% compared with a year earlier. “The tug-of-war between the hot sellers’ market and the mix of refinance and purchase.

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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.

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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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.

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 risk of mortgage fraud jumped by 12.4 percent on an annual basis in the. with the largest year-over-year increases in application fraud risk were. CoreLogic says the continued shift from a refinance-heavy market to one.

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The city is approaching high valuation risk," according to the report. The median price for all Bay Area homes sold in August was $830,000, up 12.4 percent annually, according to CoreLogic. percent.

CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest mortgage fraud report.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.