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

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In its latest Mortgage Fraud Report, CoreLogic determined that mortgage fraud risk was up 12.4 percent. by 33 percent over the second quarter of 2017. Oklahoma moved into the list, displacing.

It should be noted, however, that last February’s reading of 112.1 was the second highest since. sellers adjust to the steady increase in mortgage rates that began late last year. With home prices.

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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Community Bank System, Inc. (NYSE:CBU) reported second quarter 2017 net income of $17.2 million, or $0.35 per fully diluted share, compared with $25.9 million, or $0.58 per share.

Mortgage fraud rose by 12.4 percent year over year in the second quarter of 2018. Income falsification is the fastest-rising form of mortgage fraud, up by 22.1 percent on an annual basis. California ranks as the country’s ninth-riskiest state for mortgage lenders.

Mortgage fraud risk rose to its highest post-recession level, climbing 12.4 percent year-over-year in the second quarter. but CoreLogic reports that it is happening all over the country. Be on the.

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Mortgage rates fell for the fourth consecutive week as the government shut down for the first time in 17 years. 30 year. to a report released by CoreLogic this week. That’s a slower pace of price.

Mortgage rates. or geopolitical risk for the big picture to change. While that doesn’t necessarily mean rates have to skyrocket, there’s a good chance it means rates will struggle to move much.

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.

The portfolio balance at the end of the period was $2.204 trillion compared to $2.190 trillion at the end of February and $2.102 trillion a year earlier. In March 2018 the rate was 0.97 percent.