Tag Archives: Mortgage Fraud Risk

A new analysis from LexisNexus examines the increase in costs for originators, servicers and settlement firms related to mortgage-related fraud costs.

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 ...

What does this mean for the current state of the mortgage fraud risk rate and how does it reflect across the nation’s top metro markets?

CoreLogic reports that mortgage application fraud risk will likely rise over the next few years if current trends of higher LTV purchases and increased credit availability continue.

Mortgage fraud risk is being lowered by changes in residential origination practices and new regulation. According to a Fitch Ratings report released Tuesday, since the financial crisis, risk of fraud and misrepresentation has declined. "A key driver behind the poor performance ...

The findings align with CoreLogic's latest fraud report, which revealed application fraud risk was down across all categories—except home equity lending, which has seen risk indicators rise as demand grows.