As Mortgage Rates Rise, So Does Mortgage Fraud

  Mortgage fraud rose by 12.4 percent year over year in the second quarter of 2018. Income falsification is the fastest-rising form of mortgage fraud, up by 22.1 percent on an annual basis. California ranks as the country’s ninth-riskiest state for mortgage lenders. CoreLogic’s 2018 Mortgage Application Fraud Risk Index rose by 12.4 percent in …

  Mortgage fraud rose by 12.4 percent year over year in the second quarter of 2018. Income falsification is the fastest-rising form of mortgage fraud, up by 22.1 percent on an annual basis. California ranks as the country’s ninth-riskiest state for mortgage lenders. CoreLogic’s 2018 Mortgage Application Fraud Risk Index rose by 12.4 percent in …