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Loan defect, fraud risk emerge in Southern states
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The Blotter
Wednesday, May 4, 2016
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The First American Loan Application Defect Index increased 1.3 percent in March from February, but was 2.6 percent lower than a year earlier. The monthly increase was the first for the index since July 2015, ending seven consecutive months of declining defect and misrepresentation risk. Read on for details of what led to the rise.
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