As of the end of the second quarter of 2015, CoreLogic reports an 8.9% year-over-year decrease in fraud risk, as measured by the mortgage application. highest risk states in terms of mortgage fraud.
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Some states have high Fraud ratings, Florida has the highest per capita, check your. what is the best way to get out of a time share mortgage?
Mortgage application fraud declined in the second quarter. to the strong spike in lower risk refinance originations. New York, Florida, and New Jersey remain the top states for fraud, with New.
Another sand state, Florida, is the first. Homebuyer occupancy misrepresentation is now the most common form of mortgage application fraud in.
Americans want to know why no high-ranking Wall Street executive has. After they exposed foreclosure fraud and forced the nation's leading mortgage. one in 22 Florida homeowners had received some sort of filing like.
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An estimated 12,184 mortgage applications filed. The five states with the highest fraud risk are Florida, New York, Hawaii, New Jersey and Nevada. The highest year-over-year growth in application.
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Nationwide, mortgage application fraud also is on the rise. amounts of loan originations. While Florida’s index figure has slowly dropped steadily during the past five years – down from a high of.
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 states rounding out the top five are.
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The CoreLogic Mortgage Application Fraud Risk Index represents the collective level of fraud risk the mortgage industry is experiencing in each time period, based on the share of loan applications.
The top federal prosecutor in Manhattan sued Bank of America for more than $1 billion on Wednesday for mortgage fraud against.