DJ Bibb | Fidelity National Title

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Scams Change: Red Flags Don’t

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It is true, some settlement agents have access to and know how to complete the blanks in a deed template. However, that does not give them approval to prepare deeds for any and all reasons.

Settlement agents are only authorized to complete deeds to consummate real estate transactions which may include title clearance matters. It is crucial settlement agents identify appropriate and inappropriate requests. 

This story demonstrates how the preparation and recordation of a “correction deed” could have lent credibility to an elaborate scheme the perpetrators were committing.

The transaction was read more

Watch Out For “Juice Jacking”

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If you are traveling and your battery is running low, be aware that juicing up your electronic device at public USB port charging stations found in airports, hotel lobbies and elsewhere, could cause you to become a victim of juice jacking.

The perpetrators of the cybercrime deemed juice jacking can download malware (which is software) that is designed to disrupt, damage or gain unauthorized access to a mobile phone or computer system.

Cybersecurity experts warn criminals can load malware onto public USB charging stations to maliciously access electronic devices while they are being charged. Malware read more

Real Estate Scams: What Are the Warning Signs?

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By Lisa A. Tyler
National Escrow Administrator

An excerpt from the Federal Bureau of Investigation’s (FBI’s) 2022 Congressional Report on Business Email Compromise (BEC) and Real Estate Wire Fraud reveals a recommendation to change the Uniform Commercial Code (UCC) governing the banking industry to prevent wire fraud. The much-needed recommendation is contained in the article titled “UNIFORM commercial code issue.”

Settlement agents are experts in completing real estate transactions. They know how to clear up clouds on title, follow written instructions, prorate taxes, read more

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