Housing fraud is on the rise amid tight market conditions, experts say

have all cratered, leading some experts over the last year to warn of a housing market crash that could bring on a steep correction in home prices.

According to CoreLogic's principal of industry solutions, Bridget Berg, it's becoming harder for people to sell homes as the cost of borrowing stays near a record high. That's helped drive higher instances of property fraud. "Chaos creates a perfect time for cyber criminals to take advantage of these, especially in the housing industry," he said, adding that each transaction between parties is an opportunity for a fraudster to strike.Berg told Insider that she expected to see an uptick in mortgage fraud in coming years, with CoreLogic's National Mortgage Application Fraud Index having increased 30% from its low during the pandemic.

He speculates that fraud could increase as much as 20%-25% over the next few years if the market remains tight.

Seem familiar? 🤔💭🕜

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Some Ukrainians Struggle to Navigate Tight U.S. Housing MarketThousands of Ukrainian refugees who came to the U.S. to live in the homes of American sponsors now are struggling to find housing of their own Lol !!! America Baby!! The land of the free!! Like all other Americans 환장. 암컷 공격수 또 나왔다. 그리고 인터넷
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