As your settlement agent is responsible for coordinating one of the largest purchases of your life, it’s important that you have full trust and confidence in the evaluation and selection process.
Identify theft seems unlikely until it happens to you! According to a 2020 survey of title agents, a third of all real estate transactions included some sort of wire fraud attempt. And with increasing home prices and a pandemic induced shift to remote, digital mortgage transactions, fraudulent activities have risen to an all-time high. Real estate cybercrimes totaled over $350M in 2021 – a whopping 64% increase over 2020 (2021 Internet Crime Report).