United States:
Interthinx Q4 2014 Report Indicates Mortgage And Property Valuation Fraud Risk
26 May 2015
Fox Rothschild LLP
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According to Interthinx, Inc., a subsidiary of First American
Financial Corporation, the "National Mortgage Fraud Risk
Index" increased 3 percent from the last quarter, and is
unchanged from one year ago. However, the "Property
Valuation Fraud Risk Index is down 2 percent from Q3 2014.
According to the report, Florida is the riskiest state this quarter
with Property Valuation and Occupancy Fraud Risk being the main
drivers of Florida's overall risk index. Mortgage fraud
risk is also rising in MSAs in Texas, Oklahoma, Kansas and the
Dakotas.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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