Decline in Property Valuation and Appraisal Fraud
Good news for the real estate market place: The LexisNexis Annual Mortgage Fraud Report and analysis of the data shows that appraisal and property valuation fraud have declined significantly from last year. The percentage of loans with appraisal or valuation fraud dropped to 15% of loans with mortgage fraud. In 2012, 26% of loans reported signs of… Read more »