Real estate wire fraud is growing leaps and bounds in recent years, with seemingly no end in sight. No one thinks they’ll be a victim of wire fraud, but criminals are becoming increasingly savvy in their schemes, using technology to spoof phone numbers and emails and preying on the fact that most homebuyers are on…
Real estate wire fraud is becoming increasingly common throughout the United States. Data from the Federal Trade Commission shows an 1100 percent increase in mortgage-related wire fraud from 2015 to 2017. Even savvy consumers fall prey to these scams, so it’s important for everyone involved in the property transfer process to be aware of the…
In our latest real estate tech entrepreneur interview, we’re speaking with Andy White from ClosingLock. FULL ARTICLE →
ClosingLock has launched an instant payoff verification system designed to thwart wire fraud, the company announced. FULL ARTICLE →
ClosingLock announced it now offers an Instant Payoff Verification system that can identify potentially fraudulent statements. FULL ARTICLE →
AUSTIN, Texas (JUNE 1, 2020) – ClosingLock is the world’s leading online service for protecting settlement companies from real estate wire fraud. Now the real estate tech company also offers Instant Payoff Verification (IPV). READ MORE →