Industry NewsMortgage

Lenders on lookout for short-sale fraud

CoreLogic helping lenders track properties, real estate agents
Published on Aug 11, 2010

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by CareyBot

Mortgage data aggregator CoreLogic is inviting lenders to join a consortium-based service it says will allow members to monitor properties involved in short sales for evidence of subsequent fraudulent flipping, and uncover evidence of "unethical behavior" by real estate agents and others.

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