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Risk For Mortgage Fraud Increases Slightly - CoreLogic

 Aug 7, 2017. 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 versus 113 in the first quarter of 2016 and 122 in the fourth quarter.

Jacqueline Doty, executive, and product management for CoreLogic's Collateral Risk Solutions, reports in the company blog that hitting a "new high" isn't particularly momentous in this case, as the Index has only been around for a few years.  It was established in 2010 after the high levels of fraud that existed during the housing boom had dropped along with mortgage volume.  She said today's heightened number doesn't necessarily mean there is a lot more fraud occurring, just that conditions are present for it to increase.
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