CoreLogic says South Florida tops mortgage fraud risk index, delinquencies rising – South Florida Business Journal

Based on the latest data from CoreLogic’s mortgage fraud risk index, Mortgage Fraud Risk Highest in Florida, New York, New Jersey.. Top Analyst Upgrades and Downgrades:.

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Based on the latest data from CoreLogic’s mortgage fraud risk index, mortgage lenders in the Miami metropolitan area face the highest risk for attempts to commit fraud. The index is based on the.

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“A report by Axiometrics cited in The Wall Street Journal earlier this week noted that the number of new multifamily units is expected to hit its highest level in 30 years in 2017.” The Business Observer in Florida. “Real estate firm Quadrum Global, which has bought and turned around hotels from Chicago to New York to Miami Beach, might.

South Florida is the nation’s capital of mortgage fraud, property data firm CoreLogic says. In a report released wednesday, CoreLogic reported that the metro area of Miami-Dade, Broward and Palm Beach counties had the highest levels of home-loan chicanery in the nation during the second quarter of 2019.

CoreLogic says South Florida tops mortgage fraud risk index, delinquencies rising – South Florida Business Journal Risk for mortgage fraud increases slightly – CoreLogic – CoreLogic says conditions in the mortgage market are once again fertile ground for mortgage fraud.The company’s National Fraud Risk Index hit a new high of 132 in the first quarter of this year.

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For refinancing, 15-year mortgages accounted for nearly a third of loans during the first seven months of this year, according to CoreLogic. “The 30-year mortgage became the standard in lending because its lower monthly payments made real estate affordable to more Americans,” The Wall Street Journal.

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