MORTGAGE FRAUD

MORTGAGE FRAUD CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, has released its latest Mortgage Fraud Report. The report includes detailed data for six fraud type indicators that complement the national index: identity, income, occupancy, property, transaction and undisclosed real estate debt. The report shows a 12.4 percent year-over-year increase in fraud risk at the end of the second quarter, as measured by the CoreLogic Mortgage Application Fraud Risk Index. The analysis found that an estimated one in 109 applications, or 0.92 percent of all mortgage applications, contained indications of fraud, compared with second quarter 2017’s report of one in 122, or 0.82 percent. The CoreLogic Mortgage Fraud Report analyzes the collective level of loan application fraud risk experienced in the mortgage industry each quarter. To access the full report, visit https://tinyurl.com/ydyrha43.

Read the Economic Scene

Rob Ehrhardt
Economic Development Director
rehrhardt@volusia.org

Sally Sprague
Executive Assistant
ssprague@volusia.org

Brad Harris
Business Manager
rbharris@volusia.org

Pedro Leon
Business Manager
pleon@volusia.org

Virgil Kimball
Business Specialist
vkimball@volusia.org

Robbin Sebra
Staff Assistant
rsebra@volusia.org

Offices located in the Daytona Beach International Airport (passenger terminal)
700 Catalina Drive, Suite 200
Daytona Beach, Florida 32114
386-248-8048 · 800-554-3801