In mortgage lending, validity and priority of the deed of trust are paramount. The speed and flexibility required in today’s lending market creates opportunity for fraudsters.
As a lender, broker, or loan servicer, you may be a target for liability for repayment of losses if the fraudsters or their assets cannot be found.
With or without insurance, you may still be drawn into protracted litigation. Even with insurance, you may face litigation, deductibles, exclusions from coverage, and liabilities exceeding policy limits.
Join us on this webinar and learn simple methods to modify and adjust your lending procedures to significantly reduce the risk of fraud. There are many easy to implement steps that can dramatically reduce the risk of fraud and your potential liability.