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.
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 .
Mortgage rates hit their lowest levels of THE month yesterday. Perhaps more relevant and more tangible is the fact that we can say rates are nearly an eighth of a percentage point lower on the week.
Increase in Wire Fraud Indicates Cyber Security More Important than Ever!. CoreLogic expects long-term yields to rise as well, nudging 30-year fixed mortgage rates. in the second quarter – 64.3 percent, up from 63.7 percent one year ago.. The rapid rise in homeowner equity not only reduces mortgage risk, but also.
Buyers are getting squeezed by rising mortgage rates and by prices. “But it’s not going to roll over. It will gently decline.” The homeownership rate in the second quarter was 64.3%, up from 63.7%.
This is a 4.5 percent increase over the revised (from. percent higher than the March 2018 estimate of 672,000 new homes. Analysts polled by Econoday expected a pullback in March after the strong.
CoreLogic Reports a 12.4 Percent Year-over-Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018: September 13, 2018 — 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.
The Mortgage Bankers Association. of 682,000 units in March 2018. This is an increase of 7.9 percent from the seasonally adjusted February pace of 632,000 units. "Applications taken for new home.
Mortgage fraud risk has increased continually for the last seven quarters, according to CoreLogic. The analytics firm’s latest mortgage fraud report showed a 12.4% year-over-year spike in fraud.
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Analysts, pointing to lower mortgage rates and "an easy. types in January was $247,500, up 2.8 percent from the January 2018 median of $240,800. January’s price increase marks the 83 rd straight.
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