Mortgage Fraud Risk Plummets Amid A Drop In Interest Rates
Forbes, Sept. 25, 2019–Brenda Richardson
After steadily increasing since late 2016, mortgage fraud risk plummeted by the end of the second quarter of 2019 thanks to lower interest rates that ushered in an influx of low-risk refinance transactions, according to a new report by data and analytics provider CoreLogic. The market also benefited from homes being bought by iBuyers.
