CoreLogic: Fraud Risk Index Down Sharply in 2Q

CoreLogic, Irvine, Calif., said its National Mortgage Application Fraud Risk Index decreased significantly, from 152 in first quarter to 132 in the second quarter.

MBA, Trade Groups Offer FCC Recommendations on ‘Robocalls’ Policy

The Mortgage Bankers Association and nearly a dozen disparate trade associations offered the Federal Communications Commission a series of recommendations on curbing unlawful “robocalls” while preserving the ability of businesses to legitimately conduct vital business and customer services by phone.

CMBS Special Servicing Rates Diverge

The commercial mortgage-backed securities special servicing rate settled down in June after two “roller coaster” months, but drilling deeper reveals an interesting trend, reported Trepp, New York.