Fraudsters are coming after mortgage payoffs at an alarming rate. The frequency and sophistication of payoff scams have risen sharply.
This white paper profiles five vectors of payoff fraud that have recently hit title companies and lenders around the country. Payoff fraud will likely grow as cyber perpetrators learn the majority of funds disbursed after a closing are sent to mortgage and other lien holders.
Download this free guide to learn:
- The five vectors of payoff fraud
- What to look for so you don’t fall for a payoff scam
- Measures you can take to keep you and your customers safe
Payoff Fraud is on the rise so protect yourself and your customers from becoming a victim — Download Now!