Tuesday, 27 September 2022 | The Latest Buzz for the Appraisal Industry

Mortgage Application Fraud Continues to Climb

By Tory Barringer

In its annual analysis of mortgage fraud across the country, LexisNexis Risk Solutions found 74 percent of mortgages submitted to its Mortgage Industry Data Exchange last year involved some sort of fraud or misrepresentation on the application. That figure compares to 69 percent in 2012 and 61 percent in 2011.

The post Mortgage Application Fraud Continues to Climb appeared first on theMReport.com.

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