MBA Premier Member Spotlight: Secure Insight
One in a continuing series of profiles of Premier Members of the Mortgage Bankers Association. Please contact MBA’s Alicia Goncalves, CMB for information about Premier Member spotlights.
MBA NewsLink: Share a brief overview of your company.
Secure Insight: Secure Insight was the first vendor to address wire fraud and closing table fraud risk in the mortgage industry. Since 2012 we have vetted over 90,000 attorneys, title agents and escrow officers and monitor them for risk, while verifying their trust account information.
MBA NewsLink: What key products or services would you like to showcase?
Secure Insight: We offer Closing Guard, designed to help lenders meet regulatory and compliance obligations to manage vendor risk while also offering verified wire information. WINN is a warehouse bank product which verifies funding wire details to avoid fraud losses. TruePay is offered to settlement agents and title firms to verify mortgage payoffs and bank information for electronic payments.
MBA NewsLink: How would you describe your company’s culture?
Secure Insight: Secure Insight is a SOC 2, Type 2 vetted company, whose risk tools have been designed and vetted through analysts at Lloyds for effective loss prevention. We are industry insiders, former mortgage, title and law firm professionals, all US-based operations. Since 2012 we have supervised more than 35 million mortgage closings without a lender loss.
MBA NewsLink: How is your company engaged with MBA?
Secure Insight: Secure Insight is a premier associate member of MBA and we can be seen at most MA events and conferences addressing legal, regulatory and compliance matters.
MBA NewsLink: What opportunities do you see for collaboration with lenders and servicers?
Secure Insight: Secure Insight has some key strategic partnerships with industry vendors such as Cotality, Halcyon, Street Solutions, and DocMagic and we are always seeking integrations and reseller arrangements with like0-minded industry firms seeking to manage and reduce the incidence of fraud.
(MBA Premier Member Spotlights are provided by the Mortgage Bankers Association as a service to MBA Premier Members. Publication does not constitute an endorsement of a particular company, product or service. For more information about the MBA Premier Member program, contact MBA Director of Associate Membership Alicia Goncalves, CMB, at agoncalves@mba.org or call 202/557-2920.)
