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Mortgage Insurance (MI) is an insurance policy that protects a mortgage lender or title holder in the event that the borrower defaults on payments or is otherwise unable to meet the contractual obligations of the mortgage. MI, which is paid by the borrower to a private MI company, can cost the borrower up to 1% of the loan annually.
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CoreLogic: Mortgage fraud risk continues to decline. New York and Florida, CoreLogic noted.. only Ohio had a large positive year-over-year increase in the application fraud index, so rising.
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The author(s) shown below used Federal funds provided by the U.S.. See, e.g., “Due Diligence: The Growing Problem of Mortgage Fraud), CBC News, November 9,. critical fraud risk indicators pointing to significant inflation of the borrower's income.. Florida, working in collusion with a loan officer, an appraiser and a.
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