EquityProtect, title companies seek to boost fraud awareness
Briefly

EquityProtect aims to address vulnerabilities in title insurance by providing enhanced monitoring services that may help catch fraudulent activities early. Traditional title insurance often fails to cover fraud occurring after a sale, highlighting a crucial gap. Jon Dovidio, from EquityProtect, explains that standard insurance typically handles only pre-sale issues. To combat rising threats of property fraud, particularly amid increasing cybercrimes, EquityProtect collaborates with title companies to offer comprehensive protection for all property types. Industry leaders support these initiatives, recognizing the urgency in protecting property owners effectively.
While title insurance offers some level of protection, it often does not cover post-closing fraud, prompting the need for enhanced monitoring solutions.
EquityProtect provides continuous property protection to address gaps left by standard title insurance, which typically covers only pre-closing issues.
Read at www.housingwire.com
[
|
]