CoreLogic Reports A 37.2% National Year-Over-Year Increase In Mortgage Fraud Risk In 2Q 2021
CoreLogic, a global property information, analytics and data-enabled solutions provider, released its latest Mortgage Fraud Report. The report shows a 37.2% year-over-year increase in fraud risk at the end of the second quarter of 2021, as measured by the CoreLogic Mortgage Application Fraud Risk Index. The significant increase for mid-2021 follows a large drop seen in 2020 – a decrease driven mainly by the surge in traditionally low-risk refinances during the pandemic. The current risk level is similar to mid-2019.
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