Tuesday , 10 December 2019

Frequency of Defects Falls as Homebuying Power Rises

The frequency of defects, fraud, and misrepresentation in the information submitted in mortgage loan applications fell by 1.4% in October compared to the month prior, according to First American Financial Corporation.  First American says the Defect Index is 13.9% lower than October 2018 and 33.3% below its high point of risk in October 2013. The …

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