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Tag Archives: fraud risk

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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Uncovering the True Cost of Mortgage Fraud

LexisNexis has released its first True Cost of Fraud for Real Estate study which examines fraud trends for the United States based on the answers of 360 risk and fraud management executives which found that mortgage lenders are especially vulnerable through online ...

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The True Cost of Fraud

A new survey reveals the real price paid by mortgage lenders in cases where fraud occurs, as for every $1 in fraud in 2021, lenders spent $4 to recover their losses.

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