According to the CoreLogic® 2023 Annual Mortgage Fraud Report, occupancy fraud rose 11.8% from Q2 2022 to Q2 2023.
The CoreLogic Mortgage Fraud Report analyzes the collective level of loan application fraud risk the mortgage industry is experiencing each quarter.
CoreLogic estimates that one in 131 mortgage applications had indications of fraud in the second quarter of 2022, and HELOC loans seem to be an increasing concern.
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.
CoreLogic recently released its annual 2021 Mortgage Fraud Report, the industry standard for nationwide fraud monitoring and analysis. T
Fraud Report – National Overview New York, Nevada, and Florida are the top 3 states for mortgage application fraud risk. Nevada moved into the top 3 for the first time since 2014. Hawaii and Maine are the other states in the top 5 for overall risk levels. Nevada was the only top-5 state wit...