Risk of mortgage fraud is on the rise in the current market - HousingWire
Risk of mortgage fraud is on the rise in the current market - HousingWire
The extent of the mortgage-fraud problem and its national reach can be gleaned from DOJ press releases.
The post Risk of mortgage fraud is on the rise in the current market appeared first on HousingWire.
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The extent of the mortgage-fraud problem and its national reach can be gleaned from DOJ press releases.
The post Risk of mortgage fraud is on the rise in the current market appeared first on HousingWire.
The extent of the mortgage-fraud problem and its national reach can be gleaned from DOJ press releases.
The post Risk of mortgage fraud is on the rise in the current market appeared first on HousingWire.
According to a Q2 analysis by MISMO-certified wire and prevention fintech FundingShield, there was a 40.69% increase in wire-related issues compared to Q1 2022, as well as a 107% increase in closing agent insurance policy coverage gaps and a nearly 10% increase in CPL issues.
The post Fraud risk continues to rise even as the market contracts appeared first on HousingWire.
According to a Q2 analysis by MISMO-certified wire and prevention fintech FundingShield, there was a 40.69% increase in wire-related issues compared to Q1 2022, as well as a 107% increase in closing agent insurance policy coverage gaps and a nearly 10% increase in CPL issues.
The post Fraud risk continues to rise even as the market contracts appeared first on HousingWire.
Higher risks for income and property fraud are expected as purchase loans are more susceptible to fraudulent activity: CoreLogic
The post Mortgage fraud risk is increasing amid slow real estate market appeared first on HousingWire.
Higher risks for income and property fraud are expected as purchase loans are more susceptible to fraudulent activity: CoreLogic
The post Mortgage fraud risk is increasing amid slow real estate market appeared first on HousingWire.
Montgomery County is seeing a rise in the number of property and mortgage fraud offenses.
Montgomery County is seeing a rise in the number of property and mortgage fraud offenses.
HousingWire sits down with AIME CEO Katie Sweeney to learn more about how brokers are handling the current purchase market and her advice to women who are entering the mortgage space.
The post AIME CEO Katie Sweeney on the importance of agility in the current market appeared first on HousingWire.
HousingWire sits down with AIME CEO Katie Sweeney to learn more about how brokers are handling the current purchase market and her advice to women who are entering the mortgage space.
The post AIME CEO Katie Sweeney on the importance of agility in the current market appeared first on HousingWire.
As rising interest rates cool down the mortgage market, researchers warn the risk of mortgage fraud may be heating up.Risky loan applications have been trending up for the past year, rising 75% during 2021, according to the real estate analytics group CoreLogic, which compiles a quarterly index of fraud risk. As mortgage transactions fall and the balance of applications shifts from refinancing loans more toward purchases, that threat level is likely to jump in the months ahead, the firm’s he...
As rising interest rates cool down the mortgage market, researchers warn the risk of mortgage fraud may be heating up.Risky loan applications have been trending up for the past year, rising 75% during 2021, according to the real estate analytics group CoreLogic, which compiles a quarterly index of fraud risk. As mortgage transactions fall and the balance of applications shifts from refinancing loans more toward purchases, that threat level is likely to jump in the months ahead, the firm’s he...
NAR Research conducted a survey of all 9,700 appraiser members and 50,000 randomly-selected non-appraiser members to determine the level of impact of appraisals on the current market and member business in terms of cost, turn-around times, and other challenges and to measure member experiences with bias and discrimination in the appraisal process. Highlights of the NAR Appraisal Survey The typical respondent has 15 years of experience in real estate. The typical appraiser is significantly more ...
NAR Research conducted a survey of all 9,700 appraiser members and 50,000 randomly-selected non-appraiser members to determine the level of impact of appraisals on the current market and member business in terms of cost, turn-around times, and other challenges and to measure member experiences with bias and discrimination in the appraisal process. Highlights of the NAR Appraisal Survey The typical respondent has 15 years of experience in real estate. The typical appraiser is significantly more ...
HousingWire sits down with Aslan President and CEO Carrie Gusmus to discuss industry insights during a unique time in lending.
The post Aslan CEO on the benefits of higher mortgage rates appeared first on HousingWire.
HousingWire sits down with Aslan President and CEO Carrie Gusmus to discuss industry insights during a unique time in lending.
The post Aslan CEO on the benefits of higher mortgage rates appeared first on HousingWire.
Industry executives at an MBA conference said they're looking toward data processing and automation as the next big innovation in mortgage tech.
The post Data automation is the next frontier of mortgage tech? appeared first on HousingWire.
Industry executives at an MBA conference said they're looking toward data processing and automation as the next big innovation in mortgage tech.
The post Data automation is the next frontier of mortgage tech? appeared first on HousingWire.
Mortgage applications rose for the second straight week even as mortgage rates rose to 5.53%, the MBA reports.
The post Mortgage applications rise despite higher rates appeared first on HousingWire.
Mortgage applications rose for the second straight week even as mortgage rates rose to 5.53%, the MBA reports.
The post Mortgage applications rise despite higher rates appeared first on HousingWire.