loan application

February 5, 2019

Mortgage Defect Risk Rises to 4-Year Peak

In December, defect risk continued to rise across the country, according to the latest First American Loan Application Defect Index. According to the report, the frequency […]
October 11, 2018

Mortgage Application Defect Risk Down

Mortgage application defect risk is down from a year ago, but Hurricane Florence will likely tear through results in affected areas in the coming months. The […]
September 18, 2018

Mortgage Fraud at Highest Level Since Recession

Mortgage fraud risk has hit its highest level in seven years, according to new data from CoreLogic.  The report shows a 12.4% year-over-year increase in fraud […]
June 7, 2018

Mortgage Application Fraud Risk Down Nearly 20%

The ability-to-repay (ATR) standard is responsible for the reduction in loan application defects over the past four years, according to First American Financial Corp.  For April, […]
July 12, 2017

Mortgage Risk Hits Highest Level in 2 Years

The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications increased in May to levels not seen since 2015, according to First […]