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Loss Mitigation

Mortgage Fraud Risk Falls YoY in Q2

One in 131 mortgage applications contained instances of fraud in the second quarter of 2022 according to CoreLogic, despite a rise in the instances of income fraud and property fraud.

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Homebuying Destination: The Danger Zone?

A new report from Redfin has found that more Americans are building homes in disaster-prone areas, as suburbanization and a shift to the Sun Belt have driven builders into more vulnerable areas.

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Servicers Adapt to Changing Times

COVID-19 presented mortgage servicers with a new challenge, creating and executing new customer solutions, while managing the impact of the pandemic on their own workforce.

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Cash-Out Refis Dominate Market, Increasing Risk Level

The latest Mortgage Default Index (MMDI) published by Milliman, Inc., showed that mortgage risk rate continues to increase in the second quarter of 2022 with heavy cash-out refinance volumes weighing on the market.  According to Milliman, the default risk for ...

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