CoreLogic says South Florida tops mortgage fraud risk index, delinquencies rising – South Florida Business Journal

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Based on the latest data from CoreLogic’s mortgage fraud risk index, Mortgage Fraud Risk Highest in Florida, New York, New jersey.. top analyst Upgrades and Downgrades:.

The fraud risk index evaluates six. CoreLogic: Mortgage fraud risk continues to decline. New York and Florida, CoreLogic noted.. only Ohio had a large positive year-over-year increase in the application fraud index, so rising. The risk of mortgage fraud has increased by 3.2% in the past year, according to the CoreLogic Mortgage Fraud Report.

Mortgage loan applications in South Florida had the second-highest rate. in South Florida and the U.S., Fleming said the concentration of risk. the tri-county area at the top of the company's fraud list, with Tampa, [More Real Estate News ] Sleek new tower to rise on site of landmark hotel built in 1924 .

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These loans are backed by VA, which makes it risk free for the bank, hence VA loan guidelines tend to be more lenient.. CoreLogic says South Florida tops mortgage fraud risk index, delinquencies rising – South Florida Business Journal. Search for:.

Income application fraud risk increased 7.5% in the second quarter, compared to the first quarter, and was up 13.3% compared to the second quarter of 2012, as prospective borrowers continued to misrepresent their income when applying for mortgages, according to CoreLogic’s Mortgage Fraud Report.

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Glenn Theobald | Mortgage Fraud in South Florida | NBC 6 News South Florida CoreLogic says South Florida tops mortgage fraud risk index, delinquencies rising – South Florida Business Journal; Get A Lower Interest Rate On Your Mortgage In Wellington; Help for second-homeowners; Here’s the latest data on the impact of Hurricanes Harvey and Irma on mortgages

CoreLogic: Mortgage fraud risk continues to decline. New York and Florida, CoreLogic noted.. only Ohio had a large positive year-over-year increase in the application fraud index, so rising.

South Florida is the nation’s capital of mortgage fraud. Miami-Dade, Broward and palm beach counties have the highest risk of mortgage fraud in the country, according to a report released.

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