Risk of Mortgage Fraud in U.S. Hits Historic Highs in 2021 - FORECLOSURE FRAUD

Categorized | STOP FORECLOSURE FRAUD

Risk of Mortgage Fraud in U.S. Hits Historic Highs in 2021

Risk of Mortgage Fraud in U.S. Hits Historic Highs in 2021

With an overheated U.S. housing market in 2021, new government-sponsored enterprise requirements on investment properties and the transition to a more robust purchase market, mortgage fraud is once again on the rise after a brief dip last year, according to property data company CoreLogic’s Bridget Berg.

CoreLogic’s National Mortgage Application Fraud Risk Index also reported an increase by 10.5% in Q2, up from a 120 index reading Q1 2021 to 132 in Q2 2021. The year-over-year trend is up 37.2% from Q2 2020 (at 96).

To continue reading the rest of the article, please click on the source link below:

https://www.worldpropertyjournal.com/real-estate-news/united-states/irvine/real-estate-news-mortgage-fraud-data-in-2021-bridget-berg-corelogic-national-mortgage-application-fraud-risk-index-states-with-highest-mortgage-fraud-12657.php

© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 11585 posts on FORECLOSURE FRAUD.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

Leave a Reply

Advert

Archives