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FundingShield: Wire, title fraud risk hits record high

Housing Wire

Nearly half of real estate transactions reviewed in the first quarter of 2025 showed signs of potential wire and title fraud, according to a report from FundingShield. The company analyzed a portfolio of residential , commercial and business-purpose loans totaling approximately $80 billion. It found that 46.8%

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Georgia looks to protect residents from title theft with new law

Housing Wire

Georgia has upped its defenses against deed fraud and title theft. Title theft occurs when a criminal impersonates a property owner and sells or takes out a second mortgage on the owners property. Police are encouraging homebuyers to conduct a title search of a property before they purchase it.

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Beating the noise: How title companies can position for the upcoming refi market

Housing Wire

It was July of 2020 and the interest rates had just dropped below 3%, every Title & Escrow company was slammed! Every title company wanted a great piece of the current refi market and most would do about anything to obtain it.The problem; almost all were late to the party and not prepared.

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Qualia launches Bank Partner Network for title company customers

Housing Wire

Real estate software provider Qualia is looking to improve how it serves its title company customers. On Tuesday, the firm announced the launch of the Qualia Bank Partner Network. The banks in the network include BankUnited , Capital Bank , Citizens , Encore Bank and Emigrant Bank.

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This Cybersecurity Awareness Month, let’s spread awareness about real estate wire fraud

Housing Wire

Consumers should also avoid emailing financial information, such as bank account numbers. What the title industry Is doing It has been a longstanding priority for the title industry to increase awareness and identification of real estate wire fraud. Diane Tomb is CEO of the American Land Title Association.

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Anywhere faces racketeering charges in Minnesota lawsuit

Housing Wire

The suit also alleges that the defendants which include the brokerages, agents, brokers, support staff, title companies and banks involved in the transaction coordinated to gain an unfair advantage. The other defendants in the suit are those involved in the title and escrow process and the wiring of the allegedly fraudulent funds.

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How gen AI is making real estate cybercrime easier than ever

Housing Wire

Adams and his team recently encountered a spoof website for a real title company, something he finds greatly concerning. It was a direct replica of the actual title companys website. Everything was the same except for the phone numbers and they had already infiltrated one transaction posing as the title company, Adams said.

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