Multifamily Applicant Fraud Trends: Q2 2026 Report

Multifamily applicant fraud showed no signs of slowing in Q2 2026, with 93.3% of rental operators reporting fraud in the past year and 84% saying the problem has worsened over the last two years, according to the latest NMHC data. Our Q2 2026 report breaks down the quarter’s platform data, including $8.07 million in bad debt avoided and 254 confirmed SSN fraud incidents, and highlights where multifamily teams should focus their screening investments to close the gap between fraud attempts seen and fraud actually caught at the point of application.