Mortgage Fraud Risk Surges 11% from Q209: Interthinx

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Mortgage Fraud Risk Surges 11% from Q209: Interthinx Interthinx, Inc., a subsidiary of First american financial corporation (nyse: faf) and a leading provider of comprehensive risk mitigation solutions for the financial services industry, released its quarterly interactive Mortgage fraud risk report, citing the national mortgage fraud risk index is 101 for Q4 2014-up 3 percent from the last quarter, and is unchanged from one year ago.

 · On March 28, Interthinx released its annual Mortgage Fraud Risk Report, which highlights some of the most significant mortgage fraud risk trends based on trends based on analysis of loan applications processed in 2011 by the Interthinx FraudGUARD® system. According to the annual report, the Employment/Income Fraud Risk Index rose 14 percent.

Mortgage Fraud Risk Surges 11% from Q209: Interthinx Iowa AG: Banks may face criminal liability after robo-signing settlement Blows keep raining down on Ocwen and its affiliates I know I’m not perfect But it’s raining down And I’m lying on the ground And all my windows are fogged I’m cutting up every thought I have It’s sharp here.

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An Interest-Only note is not legally a mortgage as no principal paydown is contemplated or made and at the end of the term no conveyance to the putative owner takes place; likewise a "mortgage" where the borrower is qualified on a teaser rate for an "Option ARM" should have brought immediate criminal fraud charges to the purveyor, since there.

Technology is shaping all facets of the mortgage industry, from originations to securitization-and even reaching into servicing operations, as well. In fact, the financial and housing crisis has.

 · An example of such news is a recent study which named Florida one of the highest risk places for mortgage fraud. Recently, a company named Interthinx released a report regarding mortgage fraud . In particular, it focused on which areas of the country have the highest risk of such fraud.

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