ICYMI: July Edition of TitleNews
August 3, 2021
The cover article of this edition discusses results of an ALTA survey that shows wire fraud is attempted on a third of all transactions. Additional features include a court ruling that held a title agent has not insurance coverage for wire transfer fraud; a homebuyer’s life savings stolen in wire fraud but recovered in time for closing; the title industry asks Congress to support nationwide use of RON during ALTA Advocacy Summit; ALTA President Bill Burding interviews Rep. Ed Perlmutter; title premium volume jumps 45% during Q1; and Doma’s chief data scientist strives to take title, closing to a new galaxy.
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