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Last decade’s mortgage crisis has likely. homeowners to take a little more risk. Lenders jacked up their spending on direct-mail for home-equity products by 30 percent in the first quarter compared.
Although there will be a lot of groundwork laid this year. fraud prevention, loan sales, quality control, operational efficiency and mortgage portfolio risk analysis." (SunTrust had fallen to #10.
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The tri-county region is the most at-risk metro area in the nation for mortgage fraud. At the same time, local mortgage loan delinquencies are rising.
CoreLogic Reports Fourth Consecutive Month with More Than 6 Percent Year-Over-Year Home Price Growth in November. will increase by 4.2 percent on a year-over-year basis from November 2017 to.
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. Source: CoreLogic Reports a 12.4 Percent Year-over-Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018 | Business Wire
HAVE INDICATIONS OF FRAUD IN Q2 2018 The CoreLogic Mortgage Application Fraud Risk Index increased 12.4 percent nationally from the second quarter 2017 to the second quarter of 2018. The index has increased for each of the last seven quarters and has been on a long-term upward trend from Q3 2010. This year’s increase is attributed to a
1 day ago · CoreLogic ® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report.The report shows an 11.4% year-over-year decrease in fraud risk at the end of the second quarter, as measured by the CoreLogic Mortgage Application Fraud Risk Index, which is the first decrease since the third quarter.
FHA states that over the last several years they have seen a continuing increase in certain high-risk credit characteristics, including: a growth in cash-out refinances (in 2018, an increase of more.
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It also posted information on proposed NMLS changes to the Mortgage Call Report. The National Mortgage. in October for the second straight month and are now above year-over-year levels for the.
— Overall fraud in mortgage applications jumped by 12.4 percent from a year ago, according to realty analytics firm CoreLogic, which has access to a massive national database of loan applications and issues periodic reports on the subject.
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