Combatting wire fraud with Secure Insight
Third party verification helps protect your business
Wire fraud can have devastating impacts to a mortgage lender's bottom line. Just one instance can cost hundreds of thousands of dollars in loan buyback costs. In this video, Cotality's Matt Seguin and Secure Insight's Amanda Paad discuss how third party verification tools, such as the Settlement Agent Risk Assessment solution available with our LoanSafe reports, can help protect your business from wire fraud and help save you time and money.
Automate manual processes
Agent review can take hours when done manually. See how simple automation can make this process.
The risks of wire fraud
Wire fraud can impact lenders immensely in loan buyback costs. Learn about the threats and how to combat them.
The value of third party assessment tools
Having a documented settlement agent verification process can protect your business and provide clients with peace of mind.