Money.com – I Almost Lost $50,000 to a Real Estate Scam

“These spoofed emails are not the typical scam emails with misspellings and typos,” says Andy White, CEO of Closinglock, which helps title companies ward off wire fraud. “These are targeted, well-crafted spoofed emails that look like they are from the title or escrow company or attorney office. When there are hundreds of thousands or millions […]

Closinglock Offers Instant Loan Payoff Verification

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 →

BuyerDocs Changes Name to Closinglock, Expands Company Offerings

AUSTIN, Texas (July 10, 2019) – BuyerDocs, an online service dedicated to protecting title companies and property buyers from real estate wire fraud, has legally changed its name to Closinglock, LLC. The new name better incorporates the company’s growing systems and expanded offerings, which now include two-way document sharing, automated text message notifications, and passcode verification. […]

BuyerDocs Protects $6.3 Billion from Wire Fraud in 2018, Increases Insurance

AUSTIN, Texas (April 30, 2019) – BuyerDocs, an online service dedicated to protecting title companies and property buyers from real estate wire fraud, set record numbers in 2018. By the end of the year, BuyerDocs protected more than $6.3 billion in real estate wire transfers, proving exceptional company growth. READ MORE →

Real Estate Hackers Pivot Target from Title Company Employees to Homebuyers

The Growing Wire Fraud Threat in Real Estate – A Targeted Shift Toward Homebuyers Over the past several years, the real estate industry has watched as the sector’s wire fraud has exploded, increasing exponentially year over year. Unfortunately, the scams with which title companies and real estate agents are slowly growing familiar continue to morph […]