CoreLogic Reports a 12.4 Percent Year Over Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018

Finally, going back to the theme of resale, Houston’s market has shown a year-over-year growth of 9.3 percent. According to the report, there are 20,487 true resale listings on the inventory.

In November the number was 49,000. The Census Bureau reports there were an estimated 608,000 new homes sold over the course of 2017. This is 8.3 percent increase from the 561,000 sold the previous.

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CoreLogic says conditions in the mortgage market are once again fertile ground for mortgage fraud. The company’s National Fraud Risk Index hit a new high of 132 in the first quarter of this year.

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According to the Mortgage Fraud Report, there was a 12.4% year-over-year increase in fraud risk at the end of the second quarter of 2018.

Then we had the Fed announcement (more below); the median expectation of the FOMC participants is for one more hike this year and three hikes in 2018. mortgage securities) every month. That cap.

CoreLogic (NYSE: CLGX), a global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report. 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.

Pending home sales pulled off a second straight gain. and was higher year-over-year for the first time since then, beating the November 2016 level by 0.8 percent. The gain was less than the 0.5.

 · According to CoreLogic, mortgage fraud increased 16.9% in the second quarter of 2017 vs. the prior year. The fastest-growing subset of mortgage fraud is occupancy fraud, which happens when mortgage applicants deliberately provide false mortgage application information to purchase a home.

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. This press release.

3%, +3.1% year over year – stronger than expected. From Louisiana comes news that Public Service Mortgage Inc. and Prestige mortgage lending llc will be merging their business operations on January.

The top 10 states all showed increased in risk year-over-year, with. climbing 12.4 percent year-over-year in the second quarter of 2018, according to the latest corelogic mortgage Application Fraud Risk Index from. first reported by Fannie Mae, of borrowers using fake employers to validate their income.