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News for: Mortgage Fraud Risk
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Nov 17, 2025 9:32 AM — Mortgage Fraud Risk
Cotality: Mortgage Application Fraud Risk Increased in Q3
Mortgage fraud risk increased by 8.2% year-over-year in the third quarter, with about 1 in 118 mortgage applications showing signs of fraud. Undisclosed real estate fraud, including hidden debt and credit events, was the only fraud category to see an increase. This rise in fraud may be due to more investors in the market and high home prices and mortgage rates.
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