Understanding Today’s Connected Borrower

Sign up for this webinar to learn how to transform the borrower journey from transaction to relationship and gain a significant lift in production in today’s digital lending environment.

RealTrending: eXp’s Glenn Sanford reveals what’s next for company

CEO of eXp World holdings addresses his critics about his agent referral program, where he is taking the company next and growth limiters for the brokerage.

Navigating Closing Struggles in 2021’s Purchase Market

Join this webinar to discover the most current information on hybrid and full eNote eClosings and discuss key criteria to successfully implementing your eClosing strategy.

Should lenders look to non-QM when the refi boom slows?

Angel Oak shared with HW how non-QM lending could be an effective way for lenders to replace lost business in the event of a refi boom slowdown.

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How to prevent wire fraud while increasing production

Between Q2 and Q3, state licensing issues increased by an additional 90%

The low interest rates this year have led to increased revenue and high loan volumes. Unfortunately, the threat of wire and title fraud risk has also increased. 

As companies and their workforces continue to adjust to a work-from-home system in a disjointed environment, transition challenges persist. Acceleration of technology and the embrace of new, innovative solutions can help companies coordinate and collaborate to improve customer satisfaction, but the same new tech is also available to bad actors. As a result, even new technology hasn’t diminished the threats of fraud risk and compliance issues.

Comparing Q2 vs Q3 2020 in its latest Wire and Title Fraud Analytics report, FundingShield found:

  • 30% increase in fraud/risk exposure in CPL errors and issues
  • 31.5% increase in wire verification and ownership issues
  • 90% increase in state licensing issues

Working with FundingShield tools can help prevent these issues while increasing overall production and cutting costs, leading to higher profits.

FundingShield offers industry-leading fintech B2B and B2B2C fraud prevention solutions that deliver transaction-level coverage against wire and title fraud, settlement risk, closing agent compliance and cyber threats. For more information, visit https://fundingshield.com/ or email sales@fundingshield.com.

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