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California And Maryland Lead The Nation In Mortgage Fraud Risk Correlation (San Francisco, Baltimore and San Diego Lead)

This is a syndicated repost courtesy of Snake Hole Lounge. To view original, click here. Reposted with permission.

According to CoreLogic, California and Maryland are the states that are most highly correlated with fraud risk (and are the areas that will be the best predictors of nationwide mortgage fraud).

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mtg fraud 1corelogic

A closer look reveals that San Francisco and Baltimore lead in mortgage fraud risk correlation with Chicago, Boston and San Diego close behind.


San Francisco, Baltimore and San Diego are the top 3 CBSAs in terms of mortgage fraud risk correlation and indeed lead the recent spike in mortgage fraud.

CL fig1_large_top3cbsas_0

Apparently, crooner Tony Bennet forget to mention that even though he left his heart in San Francisco, apparently he left his personal information there too.


Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. I may receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.

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