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

CoreLogic says South Florida tops mortgage fraud risk index, delinquencies rising – South florida business journal corelogic reported that the National Mortgage Application Fraud Risk Index increased to 122 in the fourth quarter of 2016. The trend shows increasing risk for the year overall from an index value of 115 in the Fourth Quarter of 2015.

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The highest year-over-year growth in mortgage application fraud risk was noted in Florida, where it was up 72.6% compared with the second quarter a year ago.. The fraud risk index evaluates six.

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.

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Florida Mortgage Fraud The national mortgage application fraud risk index rose from 108 in the third quarter of 2016 to 122 in the fourth quarter, according to researchers at CoreLogic, a sequential increase of 13%. The.

Florida regions top CoreLogic mortgage fraud report.. miami-fort Lauderdale-West Palm Beach ranks no. 1 for highest risk of mortgage fraud.. South Florida in a week: May 2-6. by Inman.

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 Fraud Risk report. The report measures six common types of fraud: identity, income, occupancy, property, transaction and undisclosed real estate debt.

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:.

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