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First American Defect Index shows multi-year low mortgage fraud risk
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The Blotter
Wednesday, November 6, 2019
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The First American Loan Application Defect index reveals that mortgage fraud risk is at a multi-year low. First American Chief Economist Mark Fleming said a strong economy, as well as declining mortgage rates in 2019, led to falling income- and employment-specific defect risk. Read on for more details.
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