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.
Read More »Home / Tag Archives: Mortgage Application Fraud Risk Index.
Fraud Risk Down Due to More Refinance Volume
The CoreLogic Quarterly Mortgage Fraud Brief is a quarterly report that analyzes the top metropolitan areas with the highest mortgage fraud risk based on the company’s research of trends found in residential mortgage loan applications processed through its LoanSafe Fraud Manager. According to the report, authored by Bridget ...
Read More »Mortgage Fraud Risk Rises Significantly in Q2
With a 37.2% national year-over-year increase in mortgage fraud risk in the second quarter of 2021, CoreLogic reports an estimated 0.83%—or one in 120—of all mortgage applications contained fraud.
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