Mortgage fraud risk climbs in Southwest Florida

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A decade after Lehman Brothers went bust, mortgage application fraud risk jumped 12.4% so far in 2018 compared to year-ago levels, say researchers at CoreLogic. And the firm’s national mortgage application fraud index – which had been going sideways from 2011 through mid-2016 – recently hit a new record for this decade.

What You Need to Know About Private Mortgage Insurance (PMI) – Welcome to SouthFloridaHomeSolutions.com When Should I Use A Cash-Out Refinance On My Home? – New Florida Mortgage Cash-out refinance: Used to pay off your current mortgage and the left over is cashed out for your personal use. This is given to you in a lump sum at the time of closing. The terms of the new loan may be better or worse (higher or lower interest rate, longer or shorter time to pay off, etc.).Finally, we look at that social thing and a need for constant contact. who has experience in Mortgage Insurance and/or Correspondent Lending Sales. If you are interested in joining the Radian team.

Based on the latest data from CoreLogic’s mortgage fraud risk index, mortgage lenders in the Miami metropolitan area face the highest risk for attempts to commit fraud. The index is based on the.

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Former Naples bank officer indicted on mortgage fraud charges.. lawmakers decry pornography as health risk.. alerts and download our apps to get Southwest Florida news first. About WINK.

The local fraud risk index climbed by 35 percent over 2017, the biggest jump among the top 15 highest fraud-risk metros. Mortgage fraud can include anything from false information on identity.

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Wednesday, June 5, 2019. federal jury convicts Former Southwest Florida Real Estate Broker In Half million dollar fraud scheme. Fort Myers, Florida – A federal jury has convicted former real estate broker Aaron Eyerman (38, Cape Coral) in a scheme to defraud an investor of $561,000.

Florida was identified as the highest fraud-risk state along with New York and Hawaii because of high levels of income misrepresentation and undisclosed mortgage debt, according to CoreLogic, a global.

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From National Mortgage News – Mortgage lenders still making the same TRID errors: MetaSource. From Reuters – U.S. private payrolls rise strongly; housing market struggling. From Herald Tribune – Mortgage fraud risk climbs in Southwest Florida

First-time homebuyers should avoid typical pitfalls by following these tips. Mortgages for first-time homebuyers are available if you know where to look.

Here in Florida, the number of people with no income beyond food stamps has doubled in two years and has more than tripled along once-thriving parts of the southwest coast. “I’m climbing the walls,