DC sees 9 percent spike in mortgage application fraud risk

  • The District of Columbia was the only region to move up into the top 10 during the second quarter
  • Fraud associated with income, property and undisclosed mortgage debt are most common in D.C.
  • On a state-by-state basis, the 9 percent year-over-year rise in risk that occurred in D.C. was only outdone by Louisiana, at 17 percent

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

D.C. saw a 9 percent year-over-year rise in risk during the second quarter, placing the district as the sixth riskiest state for application fraud.