New research released today from Milliman Inc. highlights escalating fraud and forgery risks in mortgage refinances.
These claims now represent more than 40% of losses tied to refinance transactions and average almost $207,000-roughly 7x the cost of other claim types in refinances.
Because these schemes cannot always be identified through public-records searches alone, strong title and settlement protections are critical to safeguarding lenders and homeowners.
Read more at alta.org: Press Releases
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Megan Hernandez CAE | Senior Director of Marketing & Brand Strategy | ALTA
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