- For the second year in a row, the District of Columbia ranked first in the top 10 list of states with a Mortgage Fraud Risk Index of 142. California moved from No. 6 to No. 2 with an index of 141, a gain of 12 percent from 2012. Nevada, regularly included in the top 10, fell from second place last year to No. 4 in 2013 with an index of 116. The top 10 riskiest states also included Illinois, Florida, Alaska, Hawaii, Colorado, Maryland and New Jersey.
- The least risky state in 2013 was Maine with an index of 55. Mississippi, South Dakota, Nebraska, Wyoming, North Dakota, West Virginia, Vermont, Iowa, and Kansas were also included in the top 10 least risky states.
- While the geographic distribution of fraud risk was more dispersed in 2012 than it was in 2013, California held an unusually intense concentration of risks: California claimed the riskiest MSA (Salinas); nine of the top 10 riskiest MSAs; 18 of the 25 riskiest ZIP codes; five of the 10 riskiest MSAs for identity fraud; seven of the 10 riskiest MSAs for occupancy fraud; and eight of the 10 riskiest MSAs for income/employment fraud.
Interthinx 2013 Yearly Report Notes Rise In Occupancy Fraud Risk, Less Geographical Fraud Risk Dispersion
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.