Where is mortgage fraud the highest?

October 30, 2014

CoreLogic found that mortgage fraud is on the rise, increasing 3.2 percent since the same period last year and amounting to approximately $19.8 billion in applications.

 

According to the NAR, about 11,100 mortgage applications contained elements of fraud in this year’s second quarter. Florida saw the highest year-over-year growth in mortgage application fraud risk, while Arizona saw the largest decline in fraud.

 

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