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

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The Census Bureau, still playing catch-up from the partial government shutdown, has released its monthly construction spending report. percent year-over-year. Residential spending decline by 5.1.

Additionally, analytics firm CoreLogic reported a 12.4% year-over-year increase in mortgage fraud risk for the second quarter of 2018 compared with the second quarter of 2017. Their analysis also found an estimated one in 109 mortgage applications contained indications of fraud in 2018, compared with one in 122 the previous year.

Chart Pack | September 2019.. data excludes the effects of the consumption tax increase in April 2014. Year-endedgrowth,seasonallyadjusted CoreLogic** ABS.

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Consumers over 60 expect home prices to increase by 4.22 percent, compared to 3.17 percent for consumers aged 40 to 60, and 3.26 percent for those under 40. Still, according to the Q2 Household and.

The company’s forecast for economic growth this year, contained in its December Economic Developments report. 2.0 percent. The outlook for mortgage rates is for a gradual rise, with the 30-year.

There was a 12.4% year-over-year increase in fraud risk at the end of the second quarter of 2018, according to Corelogic’s most recent Mortgage Application Fraud Risk Index. As growing concern for.

Mortgage fraud rose more than 10 percent nationally from the second quarter of 2017 to the second quarter of 2018, according to the latest fraud report from CoreLogic. CoreLogic’s report measures mortgage fraud across six fraud type indicators: property, income, occupancy, identity, transaction and undisclosed real estate debt .

The housing boom created a rich climate for mortgage fraud and while. While not all SARs report a dollar loss (only 25 percent did so last year), those that did revealed $3.2 billion in losses in.

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.

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. Source: CoreLogic Reports a 12.4 Percent Year-over-Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018 | Business Wire

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.