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 Looks like fraud isn't going anywhere
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Industry News
Monday, April 09, 2012
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The latest fraud stats are here and it looks like things haven’t changed much. According to Interthinx’ annual Mortgage Fraud Risk Report, the Employment/Income Fraud Risk Index rose 14 percent during 2011 and has been on an upward trend for more than two years for a total increase of more than 45 percent. The Employment/Income Fraud Risk Index is particularly high for investor loans and is highest for high-value properties.
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