Mortgages Analyzed
Mortgages Analyzed
Mortgages Analyzed
 
Suspicious Activity Report (SAR) Trends

What is a Suspicious Activity Report (SAR)?

Suspicious Activity Report (SAR) Trends

Suspicious Activity Report (SAR) is a report to the Financial Crimes Enforcement Network (FinCEN) to report any suspicious transaction that indicates money laundering, terrorist financing, fraud, or relates to a possible violation of law or regulation.


Learn more about Suspicious Activity Reports (SAR)

Source :www.MortgagesAnalyzed.com

Trends for SARs

SAR trends are based on the SAR statistics published by FinCEN. The trends are based on the data that is associated with mortgage products.

 

SAR Volumes for Mortgage Products

Year Volume
20125,973
2013122,029
2014112,947
2015103,012
201696,825
201797,680
201897,380
Total635,846
Source :www.MortgagesAnalyzed.com
 

SAR Trends for Mortgage Products

 
Year
Commercial
Mortgage
Home Equity
Line of Credit
Home Equity
Loan
Residential
Mortgage
Grand
Total
20121914861335,1635,973
201399612,7875,160103,086122,029
20141,10616,4094,78790,645112,947
20151,14019,3034,36878,201103,012
20161,03220,6574,10671,03096,825
20171,33321,4163,96870,96397,680
20181,34321,4933,16371,38197,380
Total7,141112,55125,685490,469635,846
Source :www.MortgagesAnalyzed.com
 

Mortgage SARs Trends by Industry Type

 
Year
Depository
Institution
Housing
GSE
Loan or
Finance Company
  
Others
Grand
Total
20124,25801,7155,9730
2013116,65305,376122,0290
2014104,8561457,946112,9470
201591,6532,5258,834103,0120
201681,5455,5079,77396,8250
201779,0287,37411,27897,6800
201876,8237,19913,35897,3800
Source :www.MortgagesAnalyzed.com
 

Mortgage SARs by Type of Suspicious Activities

 
Year
Money
Laundering
Mortgage
Fraud
Other Suspicious
Activities
Grand
Total
20124142,3673,1925,973
20133,33052,20366,496122,029
20144,74934,19174,007112,947
20156,21728,85767,938103,012
20167,46927,21462,14296,825
201710,19725,98561,49897,680
201812,51823,50261,36097,380
Total 44,894 194,319 396,633 635,846
Source :www.MortgagesAnalyzed.com

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