How Closinglock Works for Title Companies
Title companies play a critical role in real estate transactions, acting as the trusted neutral party to handle funds, verify ownership, and ensure everything is in place for a smooth closing. But with fraud on the rise—wire fraud, seller impersonation, and phishing scams—title companies are under more pressure than ever to keep clients safe while […]
The future of money movement in real estate
We’re at an inflection point. The way money moves in real estate hasn’t changed since the early 1980s—we’re still relying on wires, checks, email, phone calls, even fax machines to move $2 trillion in and out of escrow every year. And the system handling it is now more than 40 years old. Money should flow […]
What’s new in ALTA Best Practices 2025—and how to stay compliant
ALTA has officially released its updated Best Practices 4.2, outlining new expectations for title professionals across seven key areas of transaction security, compliance, and service. While some updates reflect long-standing industry trends, others introduce more specific requirements—particularly around identity verification, wire procedures, and documentation. This guide breaks down what’s changed and what you can do to […]
The future of closing is secure—and connected
https://vimeo.com/1108499512?fl=pl&fe=ti Managing a closing means managing dozens of conversations—with buyers, sellers, agents, lenders, and your own team—all at once. When those conversations live in different places, details get missed, work gets duplicated, and delays pile up. Fraud prevention will always be essential because it’s the foundation every closing should be built on. But security alone […]
Beyond compliance: Why wire fraud prevention is your competitive advantage
The American real estate market is highly competitive for consumers and real estate service providers, from lenders to home inspectors and settlement companies. When the stakes are this high, organizations must maintain compliance standards while also being proactive about preventing fraud. Every title company works hard to protect real estate transactions from fraud, but evolving […]
The hidden work of title companies
Thanks to the often hidden but critical work of title companies, real estate transactions are executed with enhanced security, precision, and efficiency, ensuring that every property transfer is handled seamlessly. Title companies verify titles and potential claims, issue title insurance, ensure wire fraud prevention, and manage the ins and outs of closings. Title professionals help […]
How FinCEN’s new requirements will impact title companies and help with wire fraud prevention
The Financial Crimes Enforcement Network (FinCEN) is a government agency within the United States Department of the Treasury dedicated to preventing and investigating financial crimes. The agency combats money laundering and terrorist financing. Today, it uses its substantial resources to analyze national financial transaction data and provide intelligence to law enforcement, counter-terrorism agencies, and financial […]
Behind every home sale: Why title is vital
The settlement industry plays a critical role in the real estate closing process. Virtually every real estate transaction includes a title search, regardless of whether a mortgage lender is involved, because it’s crucial to confirm a property is eligible for sale. Title companies are essential to real estate, though many buyers and sellers are unfamiliar […]
The biggest challenges facing title companies in 2025
What are the biggest challenges for the title industry this year? According to a survey of title professionals across the United States, key issues include the need for a solid growth strategy, wire fraud prevention, and staying ahead in a rapidly evolving economic landscape. Looking ahead to 2025 and beyond, these evolving trends open up a wealth […]
How Flying S Title stopped multiple fraud attempts with vigilance and Closinglock
In a small town in Montana, Flying S Title & Escrow of Montana recently faced a wave of fraud attempts targeting vacant land properties. Over the course of just one month, the company successfully identified and stopped three fraudulent transactions. The team’s vigilance and strict protocol using Closinglock were crucial in preventing these scams, protecting both the sellers […]