Housing Market Trends

What is Elevating Identity- and Collateral-Based Fraud Risk?

By FirstAm Editor on September 29, 2017

We’ve posted the August First American Loan Application Defect Index, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. The Defect Index remained the same in August 2017 as compared with the previous month, and increased 20.0 percent as compared to August 2016. ... Read More ›

Loan Application Defect Index

Will the Fed’s Actions in September Increase Loan Defect Risk?

By FirstAm Editor on August 31, 2017

We’ve posted the July First American Loan Application Defect Index, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. The Defect Index remained the same in July 2017 as compared with the previous month, and increased 20.0 percent as compared to July 2016. The ... Read More ›

Loan Application Defect Index

Streak of Consecutive Months with Rising Loan Application Defect Risk Reaches Seven

By FirstAm Editor on July 31, 2017

We’ve posted the June First American Loan Application Defect Index, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. The Defect Index increased 1.2 percent in June 2017 as compared with the previous month, and increased 16.7 percent as compared to June 2016. The ... Read More ›

Housing Fraud Mortgages Loan Application Defect Index

Which Markets are Wilting Under a Loan Defect Risk ‘Heat Wave’?

By FirstAm Editor on June 28, 2017

We’ve posted the April First American Loan Application Defect Index, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. The Defect Index increased 2.5 percent in May 2017 as compared with the previous month, and increased 13.7 percent as compared to May 2016. The ... Read More ›

Loan Application Defect Index

What’s Behind the Five-Month Trend in Loan Defect Risk?

By FirstAm Editor on May 31, 2017

We’ve posted the April First American Loan Application Defect Index, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. The Defect Index increased 2.5 percent in April 2017 as compared with the previous month, and increased 8.0 percent as compared to April 2016. ... Read More ›

Loan Application Defect Index

Does a Strong Sellers’ Market Mean Increased Loan Defect Risk?

By FirstAm Editor on April 28, 2017

We’ve posted the March First American Loan Application Defect Index, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. The Defect Index increased 3.9 percent in March 2017 as compared with the previous month, and increased 3.9 percent as compared to March 2016. ... Read More ›

Loan Application Defect Index

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