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Mortgage fraud is on the rise, and here’s what that means to you

Mortgage fraud is on the rise, and here’s what that means to you

Overall fraud risk in the home mortgage field is up by 16.9 percent in the most recent 12-month period tracked by data analytics firm CoreLogic. And of all types of application fraud, the risk of so-called “occupancy” misinformation — when “applicants deliberately misrepresent their intended use” of the property — is rising the fastest.

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