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

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CoreLogic Reports Mortgage Fraud is on the Increase – 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.

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Mortgage fraud report shows 12.4 percent increase over last. – Monday, September 17, 2018 CoreLogic’s latest Mortgage Fraud Report showed a 12.4 percent year-over-year increase in fraud risk at the end of the second quarter. Read on for more details.

More Borrowers Faking Their Incomes, Employment To Buy. – According to mortgage-fraud researchers, income misrepresentations on home-loan applications were up 22.1 percent in the second quarter of this year compared with the same period in 2017.

HAVE INDICATIONS OF FRAUD IN Q2 2018 The CoreLogic Mortgage Application Fraud Risk Index increased 12.4 percent nationally from the second quarter 2017 to the second quarter of 2018. The index has increased for each of the last seven quarters and has been on a long-term upward trend from Q3 2010. This year’s increase is attributed to a

Auto Loan Delinquency Rates Are Rising, but Mostly among. –  · Delinquency rates among subprime borrowers rose from 12.4 percent in 2015 to 16.3 percent by the second quarter of 2018. Over the same period, the average delinquency rates of prime borrowers, who account for the bulk of outstanding auto debt, were essentially unchanged, fluctuating between 0.3 and 0.4 percent.