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Mortgage Fraud Risk

Friday, October 21st, 2016

CoreLogic is a leading global property information, analytics and data-enabled services provider. The company just released its 3rd quarter 2016 report on the potential for mortgage fraud risk in mortgage applications received by major lenders throughout the United States.

Briefly, the cities with the largest increase over Q3 2015, all over 25%, were:

  1. El Paso, Texas
  2. Buffalo, NY
  3. Springfield, MA
  4. Scranton, PA

The report also listed the Top 25 Metro Areas with the Highest Application Fraud Risk. 9 of the top 14 areas were in Florida.

To read the full report, go to www.CoreLogic.com and register to download the 17 page report.

 

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