SettlementOne is adding settlement-agent vetting and wire instruction verification to its mortgage technology platform through a partnership with Secure Insight, giving lenders another way to screen closing risks without introducing a separate vendor workflow.
Secure Insight’s Closing Guard will be available to SettlementOne clients, including lenders using the Encompass loan origination system, the companies announced Monday. The integration will allow lenders to review settlement-agent risk assessments and verified wire instructions through their existing SettlementOne connection.
Activity will be reported back to the SettlementOne platform, while tracking and billing will be handled through the lender’s existing account.
The arrangement targets a vulnerable point in the mortgage process: the transfer of funds at closing. Criminals frequently use compromised or impersonated email accounts to send fraudulent wiring instructions that appear to come from a title company, attorney, or other trusted party.
Business email compromise schemes produced approximately $3 billion in reported losses nationwide in 2025, second only to investment fraud, according to the FBI. Real estate closings are a frequent target because scammers can impersonate title companies shortly before a transaction and redirect a buyer’s down payment or other funds.
“Risk mitigation and fraud prevention have long been top priorities at SettlementOne, and Secure Insight’s Closing Guard fills a gap for our lending clients,” said Cheryl Kenney, senior vice president of sales and marketing at SettlementOne.
Kenney said the integration would give mutual clients another layer of protection without requiring them to manage an additional vendor relationship.
Closing Guard evaluates attorneys, title agents, escrow officers, and other settlement professionals while verifying the trust accounts used to receive closing funds. Secure Insight said it has vetted and monitored more than 95,000 settlement professionals, verified more than 125,000 trust accounts, and been involved in more than 55 million residential loan transactions since 2012.
“We have long recognized the importance of closing table risk, including risk of wire fraud, and stand behind our 15-year history of providing effective and affordable solutions for lenders nationwide,” Secure Insight President Andrew Liput said.
What It Means
For Loan Originators, the integration could reduce last-minute disruptions caused by questions about a settlement agent or the destination of closing funds. Keeping the verification process inside an existing lender workflow may also make it easier for compliance and closing teams to document the checks performed before a wire is released.
The technology does not eliminate the need for borrower education or established verification procedures. The FBI recommends independently confirming payment requests — particularly changes to account numbers or wiring procedures — using a known telephone number or another trusted method.
The partnership instead adds a lender-side control designed to identify suspicious settlement professionals or account information before funds leave the institution. Its value will ultimately depend on how consistently lenders incorporate those results into their closing and fraud-response procedures.
*This article was drafted with AI assistance and reviewed and edited by a human editor before publication.
