They are all experiencing high levels of foreclosure activity, and the predominant mortgage fraud schemes center on distressed borrowers and properties. Nevada has the highest mortgage fraud risk in the nation, with a risk index value at 245, which is 99 points higher than the national mortgage fraud risk index of 146.
mortgage fraud risk report Q3 2012 3 MORTGAGE FRAUD RISK Mortgage Fraud Risk Hot Spots and Trends The national Mortgage Fraud Risk Index, at 137 (n = 100), fell 7.7 percent from last quarter and 4.5 percent from its value one year ago. After a spike last quarter, the Index has dropped to the lowest value observed in the last two years.
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*To Detect Fraud, Go To The Source* **By George Yacik** *** Think origination fraud has gone away just because the mortgage bubble has burst and loan volume has dropped sharply? Think again. According to Interthinx, the National Mortgage Fraud Risk Index rose to 159 in the fourth quarter of 2012.
Interthinx says its indices are a proven leading indicator of default and foreclosure activity, so areas with high risk of fraud are likely to see high foreclosure rates.
Interthinx has released its quarterly Mortgage Fraud Risk Report. while Colorado is in fifth place at 153. The occupancy fraud risk index rose 16 percent since last quarter-the first significant.
Do 46 Million Millennials Know They Are Mortgage Ready? – Maggie Rose, Realtor, Presents South West Florida Luxury Homes Barr: Redacted Mueller Report Coming Within a Week’ Grants, unlike loans, do not have to be repaid, making it a great alternative to student loans. In a previous interview with ConsumerAffairs. to the number-crunchers at Realtor.com, prices dipped.
After remaining steady in the first quarter of the year, the Interthinx Mortgage Fraud Risk Index rose again in the second quarter, climbing about 7 percent over the three-month period.
In its first-quarter report, Interthinx said its Mortgage Fraud Risk Index rose 4 percent to 151, the first time it had passed 150 since 2004. A figure of 100 on the index would indicate virtually no.
However, the risk of Valuation fraud was up 1 percent for the quarter. The mortgage fraud risk index, which is based on analysis of loans processed through the FraudGUARD system, held at 100 for the second quarter (100 is the mean). Compared to the same.
Mortgage fraud risk unchanged, Valuation Risk Up. There was no quarterly change in the risk of mortgage fraud, according to the 2Q 2014 National Mortgage Fraud Risk Index published by analytics firm Interthinx, Mortgage Daily reported Sept. 24. However, the risk of Valuation fraud was up 1 percent for the quarter.