CoreLogic Reports a 12.4 Percent Year Over Year Increase in Mortgage Fraud Risk for the Second Quarter of 2018

There was a 12.4% year-over-year increase in fraud risk at the end of the second quarter of 2018, according to Corelogic’s most recent Mortgage Application Fraud Risk Index.. As growing concern.

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According to the Mortgage Fraud Report, there was a 12.4% year-over-year increase in fraud risk at the end of the second quarter of 2018.

CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest Mortgage Fraud Report. 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.

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Mortgage fraud rose more than 10 percent nationally from the second quarter of 2017 to the second quarter of 2018, according to the latest fraud report from CoreLogic. CoreLogic’s report measures mortgage fraud across six fraud type indicators: property, income, occupancy, identity, transaction and undisclosed real estate debt .

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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, which is the first decrease since the third quarter of 2016.

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The risk of mortgage fraud increased 3.2%, on a year-over-year basis, as of the end of the second quarter, according to CoreLogic’s Mortgage Fraud Report. The report measures the number of ‘defects’ contained within applications flowing through CoreLogic’s LoanSafe Fraud Manager solution.

CoreLogic, Inc., together with its subsidiaries (collectively. Therefore, these financial statements should be read in conjunction with our Annual Report on Form 10-K for the year ended December 31.