AI and increasingly sophisticated wire fraud are raising the stakes at the closing table, forcing lenders to rethink how they verify identities, counterparties, and payment instructions
Tagged: The American Land Title Association (ALTA)
Former BAYADA public affairs leader will oversee media strategy and communications to advance the title industry’s advocacy priorities
Longtime First American vice chair and widely respected housing finance leader Kurt Pfotenhauer is remembered for his leadership, public policy influence, and commitment to family and service
Voxtur Analytics’ bankruptcy filing has reinforced ALTA’s warning that attorney opinion letters are a fragile and inferior alternative to title insurance, raising renewed concerns about risk, liability, and consumer protection for lenders and regulators
New data reveals that fraud and forgery are becoming more common and more costly in refinance transactions, compared to purchase transactions
David A. Townsend Esq., NTP brings two decades-plus experience to lead the national trade association for the title insurance industry
Criminals have become adept at using technology to take advantage of unsuspecting consumers
First-time homebuyers are especially at risk for wire fraud, report finds.
Expenses to fix title issues increase, but the cost of coverage is down since 2004.
The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.