Mortgage Risk is Down Thank to Less Risky Refi Transactions

Mortgage Professional America, Mar. 2, 2020–Candyd Mendoza
The growing share of lower-risk refinance transactions pulled the frequency of defects, fraud, and misinterpretation in the information submitted in mortgage loan applications to its lowest point since 2011.
https://www.mpamag.com/news/mortgage-fraud-risk-is-down-thanks-to-lessrisky-refi-transactions-215398.aspx