Mortgage Daily

Published On: September 13, 2018

Mortgage Fraud Statistics

Last Updated September 13, 2018 10:30 AM Central

Statistic Period Amount
Loan Application Defect Index (First American) as of Mar. 31, 2018 82
Loan Application Defect Index (First American) as of Dec. 31, 2017 83
Loan Application Defect Index (First American) as of Dec. 31, 2016 76
Loan Application Defect Index (First American) as of Jan. 31, 2011 100
Statistic Period Amount
Mortgage Application Fraud Risk Index (CoreLogic) Q2 2018 149
Mortgage Application Fraud Risk Index (CoreLogic) Q4 2017 <140
Mortgage Application Fraud Risk Index (CoreLogic) Q4 2016 +/-120
Mortgage Application Fraud Risk Index (CoreLogic) Q4 2015 <120
Mortgage Application Fraud Risk Index (CoreLogic) Q4 2014 +/-120
Mortgage Application Fraud Risk Index (CoreLogic) Q4 2013 >120
Mortgage Application Fraud Risk Index (CoreLogic) Q4 2012 +/-110
Mortgage Application Fraud Risk Index (CoreLogic) Q4 2011 +/-110
Mortgage Application Fraud Risk Index (CoreLogic) Q4 2010 +/-110
Statistic Period Amount
Mortgage Fraud Originations (FBI) fiscal 2010 $10 billion
Mortgage Fraud Originations (FBI) fiscal 2009 $14 billion
Mortgage Fraud Pending Investigations (FBI)
1,954
Mortgage Fraud Pending Investigations (FBI)
2,691
Mortgage Fraud Pending Investigations (FBI)
3,129
Mortgage Fraud Pending Investigations (FBI)
2,794
Mortgage Fraud Pending Investigations (FBI)
1,644
Mortgage Fraud Pending Investigations (FBI)
1,204
Mortgage Fraud Pending Investigations (FBI)
881
Mortgage Fraud Pending Investigations (FBI)
721
Mortgage Fraud Pending Investigations (FBI)
534
Mortgage Fraud Pending Investigations (FBI)
436
Statistic Period Amount
Mortgage Fraud Pending Investigations (MARI)
3,020
Mortgage Fraud Indictments (MARI)
1,531
Mortgage Fraud Convictions (MARI)
970
Mortgage Fraud Indictments (FBI)
1,079
Mortgage Fraud Indictments (FBI)
1,223
Mortgage Fraud Indictments (FBI)
321
Mortgage Fraud Convictions (FBI)
1,026
Mortgage Fraud Convictions (FBI)
1,082
Mortgage Fraud Convictions (FBI)
260
Mortgage Fraud Restitutions (FBI)
$1.3 billion
Mortgage Fraud Restitutions (FBI)
$595.9 million
Mortgage Fraud Recoveries (FBI)
$21.8 million
Mortgage Fraud Fines (FBI)
$0.12 billion
Mortgage Fraud Fines (FBI)
$1.7 million
Statistic Period Amount
Mortgage Fraud SARs filed (CoreLogic) 2010 70,472
Mortgage Fraud SARs filed (CoreLogic) 2009 67,507
Mortgage Fraud SARs filed – calendar (FFIEC) 1st-half 2010 35,135
Mortgage Fraud SARs filed – calendar (FFIEC) 2009 67,190
Mortgage Fraud SARs filed – calendar (FFIEC) 2008 64.816
Mortgage Fraud SARs filed – calendar (FFIEC) 2007 52,868
Mortgage Fraud SARs filed – calendar (FFIEC) 2006 37,313
Mortgage Fraud SARs filed – calendar (FFIEC) 2005 25,931
Mortgage Fraud SARs filed – calendar (FFIEC) 2004 18,391
Mortgage Fraud SARs filed – calendar (FFIEC) 2003 9,539
Mortgage Fraud SARs filed – calendar (FFIEC) 2002 5,387
Mortgage Fraud SARs filed – calendar (FFIEC) 2001 4,696
Mortgage Fraud SARs filed – calendar (FFIEC) 2000 3,515
Mortgage Fraud SARs filed (MARI)
fiscal 2010 (through first half)
37,739
Mortgage Fraud SARs filed (MARI)
67,190
Mortgage Fraud SARs Filed (MARI) fiscal 2002 5.609
Mortgage Fraud SARs Filed (MARI) fiscal 2001 4,210
Mortgage Fraud SARs Filed (MARI) fiscal 2000 3,245
Mortgage Fraud SARs filed (FBI) fiscal 2011 93,508
Mortgage Fraud SARs filed (FBI) fiscal 2010 70,533
Mortgage Fraud SARs Filed (FBI)
63,713
Mortgage Fraud SARs Filed (FBI)
46,717
Mortgage Fraud SARs Filed (FBI)
35,617
Mortgage Fraud SARs Filed (FBI)
21,994
Mortgage Fraud SARs Filed (FBI)
17,127
Mortgage Fraud SARs Filed (FBI)
6,936
Mortgage Fraud SARs $ losses – fiscal (FBI) 2011 $3.029 billion
Mortgage Fraud SARs $ losses – fiscal (FBI) 2010 $3.2 billion
Mortgage Fraud SARs $ losses – fiscal (FBI) 2009 $2.798 billion
Mortgage Fraud SARs $ losses – fiscal (FBI) 2008 $1.491 billion
Mortgage Fraud SARs $ losses – fiscal (FBI) 2007 $0.813 billion
Mortgage Fraud SARs $ losses – fiscal (FBI) 2006 $0.946 billion
Mortgage Fraud SARs $ losses – fiscal (FBI) 2005 $1.014 billion
Mortgage Fraud SARs $ losses – fiscal (FBI) 2004 $0.429 billion
Statistic Period Amount
Total Estimated Loan Amounts of SARs (FinCEN) 2012 $27.581 billion
Total Estimated Loan Amounts of SARs (FinCEN) 2011 $36.928 billion
Total Loan Amounts of SARs (FinCEN) 2010 $20.496 billion
Mortgage Fraud SARs Filed (FinCEN) 2012 69,277
Mortgage Fraud SARs Filed (FinCEN) 2011 92,561
Mortgage Fraud SARs Filed (FinCEN) 2010 70,472
Mortgage Fraud SARs Filed (FinCEN) 2009 67,507
Mortgage Fraud SARs Filed (FinCEN) 2008 65,004
Mortgage Fraud SARs Filed (FinCEN) 2007 52,862
Mortgage Fraud SARs Filed (FinCEN) 2006 37,457
Mortgage Fraud SARs Filed (FinCEN) 2005 25,988
Mortgage Fraud SARs Filed (FinCEN) 2004 18,372
Mortgage Fraud SARs Filed (FinCEN) 2003 9,539
Mortgage Fraud SARs Filed (FinCEN) 2002 5,387
Mortgage Fraud SARs Filed (FinCEN) 2001 4,695
Mortgage Fraud SARs Filed (FinCEN)
52,868
Broker Share of SAR’s Filings (FinCEN)
58 percent
Statistic Period Amount
Estimated Mortgage Fraud Losses (Tower)
$2.5 billion
Active Mortgage Fraud Cases (Mortgage Fraud Index) Q1 2012 $1,751,061,769
Active Mortgage Fraud Cases (Mortgage Fraud Index) Q4 2011 $1,751,550,050
Active Mortgage Fraud Cases (Mortgage Fraud Index) Q4 2010 $867,318,214
Active Mortgage Fraud Cases (Mortgage Fraud Index) 2009 $5,314,351,898
Active Mortgage Fraud Cases (Mortgage Fraud Index)
$5,375,718,679
Active Mortgage Fraud Cases (Mortgage Fraud Index)
$4,004,127,260
Active Mortgage Fraud Cases (Mortgage Fraud Index)
$1,593,572,894
Statistic Period Amount
Mortgage Fraud Index (MortgageDaily.com) Q1 2012 1151
Mortgage Fraud Index (MortgageDaily.com) Q4 2011 1141
Mortgage Fraud Index (MortgageDaily.com) 2010 1141
Mortgage Fraud Index (MortgageDaily.com) 2009 1677
Mortgage Fraud Index (MortgageDaily.com)
1488
Mortgage Fraud Index (MortgageDaily.com)
607
Mortgage Fraud Index (MortgageDaily.com)
504
Mortgage Fraud Index (MortgageDaily.com)
504
Statistic Period Amount
Fraudulent Mortgage Applications (CoreLogic) 12 months ended June 30, 2014 $19.8 billion
Fraudulent Mortgage Applications (CoreLogic) 2013 (through Jun 30) $10.5 billion
Fraudulent Mortgage Applications (CoreLogic) 2012 $22.4 billion
Fraudulent Mortgage Originations (CoreLogic) 2012 (est.) $13 billion
Fraudulent Mortgage Originations (CoreLogic) 2011 $12 billion
Fraudulent Mortgage Originations (CoreLogic) 2010 $12 billion
Fraudulent Mortgage Originations (CoreLogic) 2009 $14 billion
Fraudulent Mortgage Originations (CoreLogic) 2008 $12 billion
Fraudulent Mortgage Originations (CoreLogic) 2007 $21 billion
Fraudulent Mortgage Originations (CoreLogic) 2006 $28 billion
Statistic Period Amount
Mortgage Fraud Risk Index (Interthinx) 2014 100
Mortgage Fraud Risk Index (Interthinx) 2013 101
Mortgage Fraud Risk Index (Interthinx) 2012 150
Mortgage Fraud Risk Index (Interthinx) 2011 146
Mortgage Fraud Risk Index (Interthinx) 2010 140
Mortgage Fraud Risk Index (Interthinx) 2009 145
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