Notarize Blog

Bringing notarization into the 21st Century

How Remote Online Notarization Helps Prevent Fraud

We hear constantly that technology is simply a tool for fraud, but the truth of the matter is, fraudsters will try to cheat in any environment, paper or digital. It turns out that technology is one of our best tools in combating fraud.

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50 Statistics That Show the Threat of Real Estate Fraud in 2019

More than half the world’s population is now online, and as we look for simpler, more convenient solutions to everyday issues, we’ll move our most sensitive information online – if we haven’t already.

This is a great concern for many in the real estate space, where thieves have used this information to steal the down payments – often the life savings – of thousands of prospective homeowners.

Fraud is becoming more common as Internet scams become more creative and complex. Here are 50 statistics that show the threat of real estate fraud in 2019.

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How Community Title Network Used RON to Identify Real Estate Fraud

Wire fraud and phishing scams are growing issues in the real estate space. The FBI’s Internet Crime Complaint Center (IC3) reports an 1100% increase in Business Email Compromise scams: financial fraud that targets wire transfers by both businesses and individuals.

Unlike most Internet scams, there are several vulnerable targets in a single mortgage transaction – buyers, sellers, real estate agents, attorneys, mortgage lenders, title companies, notaries. Here is how one title agency, Community Title Network, uses remote online notarization to identify real estate fraud.

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New Guide: 3 Easy Ways to Identify Real Estate Fraud

Real estate fraud is on the rise. As an industry, it’s on us to combat these growing threats head-on to ensure the integrity of online real estate transactions.

That's why we're proud to announce our latest eBook: 3 Easy Ways to Identify Real Estate Fraud. This free guide uses the latest research and real-life anecdotes to highlight the growing complexities of fraud, the clues that may hint at a fraudulent transaction, and the business processes you can adopt to stop fraud in its tracks.

Below is an excerpt from 3 Easy Ways to Identify Real Estate Fraud. You may access the complete guide here.

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