California Real Estate Fraud Report

You have just entered the #1 private-sector resource on the Internet for real estate fraud. In doing so, you have voluntarily left the dimension of the conventional real estate world and crossed over to the Dark Side, the realm where greed, dishonesty and evil are the order of the day. Sign up for a free subscription to this comprehensive news resource and receive weekly, timely news reports about real estate fraud, mortgage fraud, short sale fraud, REO fraud, title fraud, loan fraud, appraisal fraud, affinity fraud, loan modification scams, securities fraud and elder financial fraud. *** AS OF NOVEMBER 2017, THE CALIFORNIA REAL ESTATE FRAUD REPORT IS 10 YEARS OLD! ***


Interthinx Releases 2012 3rd Quarter Report on Mortgage Fraud Trends

Interthinx, a provider of risk-management data for the mortgage industry, has released it Mortgage Fraud Risk Report for data collected during the 3rd quarter of 2012.

Of note is that Florida has now surpassed Nevada as the riskiest state in the country in which to sell mortgages.

California is ranked #5; however, it represents “six of 10 riskiest MSAs” (Metropolitan Statistical Areas, a U.S. Census Bureau designation). Noteworthy to lending institutions, California has five of the 10 riskiest MSAs for Property Valuation Fraud Risk (appraisal fraud), and eight of the 10 riskiest MSAs for Employment/Income Fraud Risk (loan fraud). This, of course, is not good news for honest property owners in the neighborhoods in which these frauds are occurring.

The report also sites Merced, in central California, as “the riskiest metro in the nation.”


© Copyright 2007-2018 Monique Bryher

Legal Disclaimer.

The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

ALL RIGHTS RESERVED. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, without written permission from the author, except for the inclusion of BRIEF QUOTATIONS in a review.


Copy Protected by Chetan's WP-Copyprotect.