Old Republic Title and CertifID Sign Agreement to Combat Mortgage Payoff Fraud
CertifID, a leading wire fraud protection company, today announced a new strategic agreement with Old Republic Title to prevent mortgage payoff fraud in the title industry.
- CertifID, a leading wire fraud protection company, today announced a new strategic agreement with Old Republic Title to prevent mortgage payoff fraud in the title industry.
- Fraud has become an increasing source of loss in the real estate sector, reaching $446M in a recent FBI public service announcement .
- The new package offered by Old Republic Title and CertifID is designed to address this significant source of loss risk.
- “Old Republic Title continues to focus on innovation to enable the success of our direct and agency operations,” said Carolyn Monroe, President and CEO of Old Republic National Title Holding Company.