Mortgage fraud risk increased 8.2% year-over-year, with an estimated 1 in 118 applications showing indications of fraud, according to Cotality, Irvine, Calif.
Tag: Matt Seguin
Cotality: Mortgage Application Fraud Steady in Q1 2025
Cotality, Irvine, Calif., released its National Mortgage Application Fraud Risk Index for Q1, finding that the index is at 133, down 0.3% from Q4 2024.