 TITLE: What Is Home Title Fraud? CONTENT: How Often Does Home Title Fraud Happen?\n---------------------------------------\nHome title fraud, which was once considered rare, is now seen in some circles as one of the faster-growing cybercrime schemes in the country. In particular, the concern surrounds wire fraud, as the FBI reported 301,580 wire fraud complaints in 2017 with losses of $1.4 billion. Looking at just the real estate and rental industry, more than 9,600 victims lost over $56 million in 2017, according to the FBI.\nAdditionally, analytics firm CoreLogic reported a 12.4% year-over-year increase in mortgage fraud risk for the second quarter of 2018 compared with the second quarter of 2017. Their analysis also found an estimated one in 109 mortgage applications contained indications of fraud in 2018, compared with one in 122 the previous year. END