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 processed by LoanSafe Fraud Manager.
Read the report to learn about:
- Factors causing increases in fraud risk
Fraud risk is flat quarter-over-quarter and is down 2% year-over-year
- Metros where fraud risk is the highest
Compared with last quarter, 12 of the 15 riskiest metros saw an increase in fraud risk.
- More information coming soon
We noted a substantial rise in fraud risk for multi-family purchases (2- to 4- unit properties) related to occupancy misrepresentation.
Read the report to get more in-depth insights in the Quarterly Mortgage Fraud Brief and see how you can better protect your business from the growing risk of mortgage fraud.