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Interthinx report shows increase in Mortgage Fraud Risk Index value
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The Blotter
Tuesday, April 8, 2014
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Interthinx, a subsidiary of First American Financial Corp. and a provider of comprehensive risk mitigation solutions for the financial services industry, has released its annual Mortgage Fraud Risk Report, which includes data collected in 2013 from loan applications processed by the Interthinx FraudGUARD system.
According to the report, the 2013 Annual Mortgage Fraud Risk Index value was 104, a 4 percent increase from 2012. This continues the gradually rising trend in fraud risk observed over the past three years as inventories shrink, prices rise and markets stabilize.
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