More than 70% of major apartment landlords say they have seen an increase in fraudulent rental applications over the past 12 months, according to a new survey from the National Multifamily Housing Council and the National Apartment Association.Of the 75 owners and managers who participated in the survey, 93% said they had experienced fraud in the past 12 months. Those who reported an increase estimated fraudulent applications had risen by roughly 40% in the past year, according to the survey released Wednesday.
Source: Apartment Owners Report Surge In Rental Application Fraud
