CoreLogic, a data firm that provides insight for real estate and financial institutions, released a new report showing which markets and metros are at the highest risk for mortgage fraud. Miami and surrounding Florida metros dominate the top ranks, followed by New York metros.
- Miami-Fort Lauderdale-West Palm Beach ranks no. 1 for highest risk of mortgage fraud.
- New York-Newark-Jersey City rank no. 4 for mortgage fraud risk.
- Lakeland-Winter Haven, Florida saw a 22 percent increase in mortgage fraud risk quarter-over-quarter.