Fraud Risk Fell Overall In Q2, Though Fraud Associated With Purchase Loans Ticked Up
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Fraud Risk Fell Overall In Q2, Though Fraud Associated With Purchase Loans Ticked Up

ByTMN Editor Reading Time: 2 minutes

Mortgage fraud risk dropped 7.5% YOY in Q2 2022, with one in 131 mortgage applications containing instances of fraud, CoreLogic reported. In contrast, Q2 2021 saw fraud in 1 in 120 applications. Mortgage fraud is defined as the deliberate act of lying or omitting information that is used by an underwriter or lender to fund,…

Morning Roundup (2/10/2022)– Labor Market Uncertainty, Second Home Demand Remains High

Morning Roundup (2/10/2022)– Labor Market Uncertainty, Second Home Demand Remains High

ByTMN Editor Reading Time: 2 minutes

Good Morning! Today is Thursday, February 10. Chuck Schumer and Nancy Pelosi suggested that they were open to banning members of Congress from trading stocks. Officials have delayed the medal ceremony for team figure skating amid reports that a Russian skater failed a drug test. A former casino executive was sentenced to a year and a…

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