FundingShield: Wire, title fraud risk hits record high The HousingWire article highlighted our report that “Nearly half of real estate transactions reviewed in the first quarter of 2025 showed signs of potential wire and title fraud, according to a report from FundingShield.” To view the full article follow the link below: FundingShield: Wire, title fraud risk hits record high
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Posts by Alvaro Rosado
FundingShield Q1 – 2025 – Fraud Analytics With Commentary From FundingShield’s CEO Ike Suri
FundingShield - Q1 - 2025 - Fraud Analytics With Commentary From FundingShield’s CEO Ike Suri “It is my pleasure to share our company’s Q1 2025 Wire Fraud Analytics & Risk Report” – Ike Suri (FundingShield CEO): Q1 2025 REPORT Q1 2025 - Quarterly Data During Q1 2025 46.8% percent of transactions on a $80B portfolio comprising of residential, commercial and business purpose loans had issues leading to a risk of wire & title fraud. On average, problematic loans had 2.5 issues per loan which is a new record, indicating the lack of appropriate controls by closing agents and lenders to
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Meet Us in Vegas: X25 – ICE Experience 2025
We’re excited to announce that FundingShield will be at X25 in Las Vegas! Visit us at Booth 24 from March 10-12 to learn more about managing mortgage risk, compliance, and fraud. For more information or media inquiries contact: info@fundingshield.com
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MBA Newslink Covers FundingShield Q4 2024 Fraud Risk Report
MBA Newslink Covers FundingShield Q4 2024 Fraud Risk Report MBA Newslink has featured FundingShield’s Q4 2024 Fraud Risk Report, highlighting critical insights into the current landscape of mortgage and settlement fraud. View covering here. Read our report here. Contact Sales@fundingshield.com for more information.
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FundingShield Q4 – 2024 – Fraud Analytics With Commentary From FundingShield’s CEO Ike Suri
FundingShield - Q4 - 2024 - Fraud Analytics With Commentary From FundingShield’s CEO Ike Suri Q4 2024 REPORT Quarterly Data During Q4 2024 45.5% percent of transactions on a $84.1bn portfolio comprising of residential, commercial and business purpose loans had issues leading to a risk of wire & title fraud. On average, problematic loans had 2.2 issues per loan, indicating the lack of appropriate controls by closing agents and lenders to identify and fix issues. Q4 2024 saw record-high risk levels for CPL validation related errors (10.3% of transactions) for critical data points such as
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FundingShield & OptiFunder enter into an integration agreement providing integrated wire and title fraud prevention solutions to clients
FundingShield & OptiFunder enter into an integration agreement providing integrated wire and title fraud prevention solutions to clients NEWPORT BEACH, Calif. –(BUSINESS WIRE)– FundingShield, a market-leading fintech providing plug-and-play solutions to manage risk, compliance, and fraud prevention, has entered into an integration agreement with OptiFunder, the creators of OptiFunder WMS and Greyhound Warehouse Management System whose innovative solutions power automation from mortgage loan funding, through the warehouse and investor delivery process. The integration will further drive ROIs to independent mortgage bank and warehouse lending clients that OptiFunder and FundingShield serve delivering on their common goals of funding process optimization,
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Media, News Letters, and Press.
Mortgage Bankers Association’s MBA Newslink reports “FundingShield: Fraud Risk Report Shows Slight Drop”
Mortgage Bankers Association’s MBA Newslink reports “FundingShield: Fraud Risk Report Shows Slight Drop” FundingShield, Newport Beach, Calif., found that during the third quarter, 46.43% of transactions on an $82 billion portfolio of residential, commercial and business purpose loans had issues leading to a risk of wire and title fraud. While that’s still nearing half of all transactions, it is a slight dip both from Q2 (47.08%) and Q3 2023 (49.2%). Click this link for the full article from MBA NewLink Full article
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FundingShield Q3 – 2024 – Fraud Analytics With Commentary From FundingShield’s CEO Ike Suri
FundingShield - Q3 - 2024 - Fraud Analytics With Commentary From FundingShield’s CEO Ike Suri Q3 2024 REPORT Quarterly Data During Q3 2024 46.43% percent of transactions on a $82bn portfolio comprising of residential, commercial and business purpose loans had issues leading to a risk of wire & title fraud. On average, problematic loans had 2.23 issues per loan indicating the lack of appropriate controls by closing agents and lenders to identify and fix issues. Q3 2024 saw record-high risk levels for CPL related errors (45.1% of transactions) for critical data points such as borrower information,
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FundingShield Sponsors and attends the Inaugural California MBA and mPower event to support women’s empowerment and professional development
FundingShield Sponsors and attends the Inaugural California MBA and mPower event to support women’s empowerment and professional development FundingShield is proud to have sponsored a table at the California MBA & mPower- (MBA Promoting Opportunities for Women to Extend their Reach) event at the Balboa Bay Resort in Newport Beach on 9/19. Their was great attendance from leadership at female led NYSE listed firms to sole proprietors with business woman at all stages of their careers from executives, management, team leaders and to folks embarking on their careers. The energy in the room was reflective of the
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FundingShield President Adam Chaudhary joins California MBA CEO for an interview on the firm’s efforts to combat wire and title fraud
FundingShield President Adam Chaudhary joins California MBA CEO for an interview on the firm’s efforts to combat wire and title fraud FundingShield’s President Adam J. Chaudhary joined California Mortgage Bankers Association’s CEO Susan Milazzo to share a bit about his background and the company’s efforts to combat #wirefraud and #titlefraud in the US Mortgage and Real Estate Industry. FundingShield’s suite of risk management tools protect against and manage against emerging and dynamic hashtag#cybersecurity risks. Click below to listen to the podcast and for more information about our tools contact Sales@fundingshield.com
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