Application Fraud Risk Index Methodology. Thus, increased firing of an alert indicates increased risk of the corresponding fraud type. Because the CoreLogic Mortgage Application Fraud Risk Index is based on the LoanSafe Fraud Manager score, it provides a more comprehensive and robust indication of fraud trends than would result from simply summing the fraud type indexes.
Incidents of fraudulent mortgage applications remained stable in the second quarter of 2015. CoreLogic, in its Fraud Report for the quarter, estimates the number of applications with indications of.
· CoreLogic Reports a 16.9 Percent Year-Over-Year Increase in Mortgage Fraud Risk in the Second Quarter of 2017. Jumbo refinance loans are the segment showing the greatest fraud risk increase by loan type. Occupancy, Transaction and income fraud types showed increases year.
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· 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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CoreLogic reported that the National Mortgage Application Fraud Risk Index increased to 122 in the fourth quarter of 2016. The trend shows increasing risk for the year overall from an index value of 115 in the Fourth Quarter of 2015.
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 Committee continues to connect the FBI Mortgage Fraud Taskforce with local PREP chapters in an effort to increase communication and. The corelogic mortgage fraud report analyzes the collective level of loan-application fraud risk .
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This increase was partially offset by the following. One, lower realized gains on sale to residential mortgage securities. years of outsize growth. CoreLogic National Home Price Index was.
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Fraud risk is up, according to the latest CoreLogic Mortgage Fraud Report. According to the report and the CoreLogic Mortgage Application Fraud Risk Index, mortgage risk is up 12.4 percent year.