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tighter lending standards: Good News! Mortgage fraud down 25% since ‘07
- 08/16/10 02:13 AM
Mortgage fraud down 25% since ‘07
© 2010 Florida Realtors®
SANTA ANA, Calif. - July 14, 2010 - The CoreLogic Fraud Index shows that mortgage industry fraud risk has declined by 25 percent since peaking in the third quarter of 2007. CoreLogic says its latest reports is the first ever predictive and statistical index to look at aggregated risk compared it to other quarters in order to predict future fraud problems."Lenders' aggressive stance against fraud is having an impact. ... But with an estimated $14 billion in fraud losses experienced in 2009 alone, fraud is still a major issue for the … (1 comments)
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Brian Geraghty
Short Sale Expert, 954-790-2602
Fort Lauderdale,
FL
More about me…
David Wain Realty, LLC
Address: Fort Lauderdale, FL
Office: (954) 790-2602
Fax: (954) 568-7660
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Mortgage fraud down 25% since ‘07
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