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Mortgage fraud trends application fraud remains high.(Brief Article)

Mortgage Servicing News

| August 02, 2004 | COPYRIGHT 2004 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

 
2003   2002   2001   2000 
 
    Applications                60%    61%    68%    62% 
    Tax & Financial Statements  38%    32%    25%    26% 
    Verifications of Employment 12%    14%    17%    19% 
    Verifications of Deposit    12%    15%    17%    22% 
    Escrow/Closing               9%    16%    17%    19% 
    Appraisals/Valuations       12%    19%    18%    24% 
    Credit ...

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Source: HighBeam Research, Mortgage fraud trends application fraud remains high.(Brief Article)