Monthly Archives December 2015

Pelican Point Capital Partners, LLC., is pleased to announce that it has taken a 90% plus controlling ownership stake in FundingShield LLC

Newport Beach, CA – Pelican Point Capital Partners, LLC., is pleased to announce that it has taken a 90% plus controlling ownership stake in FundingShield LLC, a financial technology firm providing transaction level risk mitigation for the residential mortgage market.  FundingShield’s unique service verifies the 3rd parties (closing agents, closing attorneys, title companies and their associated bank information) to each transaction for its clients and verifies the documents that support the Closing Protection Letters (CPLs) so that its clients are afforded proper protections in the event of a defalcation.  Further the company has uncovered several hundred million in potential diverted wires,
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Categories: Press Releases.