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Income misrepresentations on home loan applications were up 22.1. Overall fraud in mortgage applications jumped by 12.4 percent from a year ago, rent it out, sharply raising the risk of default and loss for the unsuspecting lender.. increase or a high-paying first job out of college,” CoreLogic said in its.

 · 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.

The most recent corelogic mortgage fraud Report once again indicated that fraud risk is on the rise.The report cited a 12.4 percent year-over-year rise in their mortgage application fraud risk index, with income fraud risk reported up 22.1 percent as the highest increase in risk found.

This case is an example of what appears to reflect an emerging national trend of rising mortgage fraud. CoreLogic, a global property information provider in Irving, Calif., said in a report that its.

“This year’s trend continues to show an increase in mortgage fraud risk year over year,” said Bridget Berg, principal of Fraud Solutions Strategy for CoreLogic. “Because home prices are rising, and demand is strong, most mortgage fraud in this type of market is motivated by bona fide borrowers trying to qualify for a mortgage.

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Mortgage fraud risk rose to its highest post-recession level, climbing 12.4 percent year-over-year in the second quarter of 2018, according to the latest CoreLogic Mortgage application fraud risk.

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At the same time, application fraud related to income and to debt both increased, especially the former. Mark Fleming, chief economist for CoreLogic. the highest year-over-year increase in mortgage.

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 · IRVINE, Calif.-(BUSINESS WIRE)-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.

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.