FundingShield, Newport Beach, Calif., reported that wire and title fraud risk dropped somewhat from record-breaking levels hit in the fourth quarter of 2023, but 48% of loans processed in the quarter still exhibit at least one risk factor.
Tag: FundingShield
Industry Briefs, Jan. 12, 2024
Industry news from Blue Sage Solutions, FundingShield, FICO and CrossCountry Mortgage.
FundingShield: Concerns of Wire, Title Fraud Still High in Q3
FundingShield, Newport Beach, Calif., reported risks of wire and title fraud remained high in third-quarter data, although fairly flat from the previous quarter.
Industry Briefs Oct. 16, 2023
Industry news from Truv, Valligent, titleLOOK, nCino, FundingShield and Mortgage Cadence.
Industry Briefs Oct. 13, 2023
Industry news from Valligent, titleLOOK, nCino, FundingShield and Mortgage Cadence.
Industry Briefs Sept. 8, 2023
Industry briefs from CV3 Financial Services, FundingShield, Advocus National Title Insurance Co. and MortgageFlex.
Industry Briefs Sept. 7, 2023
Industry briefs from CV3 Financial Services, FundingShield, Advocus National Title Insurance Co. and MortgageFlex.
FundingShield Finds Wire, Title Fraud Big Risk in Q2
FundingShield, Newport Beach, Calif., reported wire and title fraud concerns persist at high levels so far this year, finding 50.2% of loans on a $68 billion portfolio in the second quarter had at least one risk issue.
FundingShield Finds Wire, Title Fraud Big Risk in Q2
FundingShield, Newport Beach, Calif., reported wire and title fraud concerns persist at high levels so far this year, finding 50.2% of loans on a $68 billion portfolio in the second quarter had at least one risk issue.