Occupancy Fraud Appears to Be on the Rise, Panel Says

WASHINGTON–Occupancy fraud looks to have increased over the past few years, representatives from CoreLogic and Fannie Mae warned at a panel titled “Trending – The Looming Threat of Occupancy Misrepresentation” at the Mortgage Bankers Association’s Compliance and Risk Management Conference.

CoreLogic Homeowner Equity Report Shows Positive Gains From Q1 to Q2

CoreLogic, Irvine, Calif., released its Homeowner Equity Report for the second quarter. While U.S. homeowners with mortgages saw home equity decrease 1.7% year-over-year, they also saw gains from the previous quarter–an average of $13,900.

CoreLogic Homeowner Equity Report Shows Positive Gains From Q1 to Q2

CoreLogic, Irvine, Calif., released its Homeowner Equity Report for the second quarter. While U.S. homeowners with mortgages saw home equity decrease 1.7% year-over-year, they also saw gains from the previous quarter–an average of $13,900.