CoreLogic Reports Mortgage Fraud is on the Increase

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CoreLogic , 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.

Yet, CoreLogic reports that while the propensity for mortgage fraud is declining from its peak in 2012, the overall amount is increasing as mortgage loan applications increase. Read also: 2.5.

""CoreLogic research indicates that the mortgage industry is likely to originate $325 million resulting from short sale fraud in 2012,"" the firm states in its report.

The risk of fraud in applications for mortgages increased in the second quarter – and the trend will likely continue as credit loosens and purchases increase, CoreLogic says in its latest Mortgage.

CoreLogic (NYSE: CLGX), a leading 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.

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The corelogic mortgage fraud Brief analyzes the metro areas with the highest mortgage fraud risk on a quarterly basis, and offers quarterly mortgage fraud insights based on analysis of trends found in residential mortgage loan applications processed by LoanSafe Fraud Manager.

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CoreLogic [] CLGX, -0.82%, 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.

CoreLogic Mortgage Fraud Report 2018: the report shows a 12.4 percent year-over-year increase in mortgage fraud risk.

Reports: Real estate loan fraud getting worse Number of suspicious activity reports up 33% Thursday, May 18, 2006 By Janis Mara Inman News Mortgage fraud, described as an "epidemic" by the FBI, is intensifying in the United States, according to reports released this month by two key mortgage industry sources.