How New Appraisal Waiver Policies Affect Old Homebuying Practices
January 27, 2023
Electing to accept an appraisal waiver may make the difference between closing on a loan and getting stuck in a repeat bidding cycle.
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Electing to accept an appraisal waiver may make the difference between closing on a loan and getting stuck in a repeat bidding cycle.
Application monitoring and borrower debt verification are critical components of the loan processing process in order for lenders to avoid the financial consequences of a loan that never closes.
The CoreLogic Quarterly Mortgage Fraud Brief analyzes the metro areas with the highest mortgage fraud risk on a quarterly basis and offers insights based on the analysis of trends found in residential mortgage loan applications.
After large increases in mortgage fraud risk for much of 2021, our 2022 Annual Mortgage Fraud Report shows a 7.5% year-over-year decrease in fraud risk at the end of the second quarter of 2022.
The CoreLogic Quarterly Mortgage Fraud Brief analyzes the metro areas with the highest mortgage fraud risk on a quarterly basis and offers insights based on the analysis of trends found in residential mortgage loan applications.
Fraud Report – National Overview New York, Nevada, and Florida are the top 3 states for mortgage application fraud risk. Nevada moved into the top