corelogic (nyse: clgx), a leading global property information, analytics and data-enabled solutions provider, today released its latest mortgage fraud report. The report shows an 11.4% year-over-year decrease in fraud risk at the end of the second quarter, as measured by the corelogic mortgage application fraud Risk Index.
CoreLogic, Irvine, Calif., reported a nearly 9 percent decrease in mortgage fraud risk during the second quarter. The company’s Mortgage Fraud Report said as of the end of the second quarter, mortgage fraud risk fell by 8.9 percent year-over-year decrease as measured by its Mortgage Application Fraud.
Although the mortgage application process was lengthy, stressful and, at times, personally invasive, it was a worthwhile experience. The only reason I say this, is because my Mortgage Consultant.
South Florida. application form. White, 44, of Fort Lauderdale, had been cooperating and negotiating a plea agreement for fraudulently obtaining a $5 million mortgage on a las olas isles mansion,
· According to CoreLogic’s latest Mortgage Fraud Report, there was a 12.4 percent year-over-year increase in fraud risk at the end of the second quarter of 2018, as measured by the CoreLogic Mortgage Application Fraud Risk Index. The analysis found.
Mortgage Fraud. Homeowners should first try talking to their lenders or a lawyer before contracting with any third-party company for rescue or modification services. If a homeowner believes he or she has been taken advantage of by a disreputable company, he or she should call the Florida Attorney General’s fraud hotline at 1-866-9-NO-SCAM.
Also, the cost of lower-level fraud, like lying on mortgage applications, overestimating appraisals, and the practice of pocket listings, may not have consequences until much later on. But according to CoreLogic, mortgage application fraud totals more than $30 billion annually.
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George French Jones, Jr., 50, Santa Monica, California, pled guilty on December 21, 2018, to mail fraud and identity theft charges in connection with a mortgage fraud scheme involving two waterfront residential properties in Broward County, Florida. According to information disclosed in open court, in early 2018 Jones identified two residential properties in Fort Lauderdale, Florida, which.