CoreLogic: Mortgage Fraud Risk Up in Q2 The risk of fraud in applications for mortgages increased in the second quarter – and the trend will likely continue as credit loosens and purchases increase, CoreLogic says in its latest Mortgage Fraud Risk report. The report measures six common types of fraud: identity, income, occupancy, property, transaction and undisclosed real estate debt.

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Nomura Holdings and the Royal Bank of Scotland Group were seeking to overturn an order requiring them to pay $839 million for making false statements while selling mortgage-backed securities to Fannie.

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