A new report from CertifID has found that homebuyers’ and sellers’ wire transactions are rapidly being targeted by cybercriminals, with in excess of $106,000 as the average wire loss in consumer recovery cases.
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Title Company Owners Launch Guaranteed Fraud Protection Platform
Wire fraud is a massive and continual threat in the mortgage world. After suffering their own losses, one title company decided to fight back with their own fraud prevention platform.
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