The move eliminates the need for paper checks by allowing title and real estate agents to request and receive electronic disbursement of earnest money and…
Posts published in “wire fraud”
The complaint alleges negligence and breach of fiduciary duty after an unknown third party impersonated the brokerage’s title company and sent the buyers fraudulent wiring…
It isn’t safe to be on the internet, but that is where business comes from these days. Broker Teresa Boardman offers warning signs to look…
A number of software companies have taken on the fight against real estate wire fraud, and with a fresh round of Series A funding to…
Payload’s functionality focuses on quickly and safely sending earnest money, broker invoices and any other form of transaction within the context of conducting real estate…
A 2021 survey showed that 1 in 3 real estate transactions were targeted by cybercriminals. Real estate agents can no longer afford to ignore the…
The new automations should help Qualia users communicate more easily, and are also designed to protect against wire fraud. Source: Inman News
In addition to title fraud, a new report by FundingShield also noted a 90 percent increase in state licensing issues between the second and third…
As real estate deals continue to be handled online and at arm’s length, wire fraud risk has nowhere to go but up. ClosingLock is aiming…
StartSafe, which debuted in February, is meant to make real estate transactions faster and safer. FNF announced Tuesday that it has sent the product to…