How to Identify & Prevent Lending Fraud
How do you demonstrate that a key element of a lending transaction is actually taking place? How do you clean up the data and make the operations team more efficient?
From wire fraud to title fraud to cyber attacks, protecting data is a constant battle in the real estate world.
In today’s episode, Adam Chaudhary, President FundingShield LLC, joins us to share the various schemes that exist in the real estate space and how his company works to reduce risks and sets up automated systems to protect investors like you from becoming victims of fraudulent attacks.
Join us as we discuss:
- Fraud vs cyber attacks
- Having higher quality data at closing with title controls
- The IC3: Internet Crime Complaint Center