Posts by Vanshika

Press Release: FundingShield Announces Integrated Title Fraud Prevention Services on CoreLogic’s Digital Mortgage Platform

    FundingShield Unveils Advanced Title Fraud Prevention Integration for Enhanced Security on CoreLogic’s Digital Mortgage Platform   NEWPORT BEACH, Calif. & SAN DIEGO–(BUSINESS WIRE)–FundingShield, a market-leading fintech providing plug-and-play solutions to manage risk, compliance, and fraud prevention, has entered into a relationship with CoreLogic┬«, a leader in global property information, analytics and data-enabled solutions, to provide comprehensive title fraud solutions via a seamless API integration to the CoreLogic Digital Mortgage PlatformÔäó. Together, the companies are working to protect borrowers and financial institutions from the rapid increase in wire and title fraud in recent years, delivering superior standards in data
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Categories: featured, Media, and Press.

Title Fraud Risk Present in Nearly Half of 3Q Transactions

      Title Fraud Risk Present in Nearly Half of 3Q Transactions   Wire and title fraud risk increased to a new high in the third quarter with just under half of all real estate transactions having at least one indicator of a potential problem, a report from FundingShield said. The overall error rate for the quarter was 47.9%, compared with 41.6% in the second quarter and 47.6% for the third quarter of 2021. Wire fraud risk bottomed out at 35.8% in the first quarter. The third quarter fraud analysis reflected $80 billion of real estate closings, approximately 160,000
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Categories: Press and Press Releases.

“Sanitize and Securitize” – FundingShield Panel from Mortgage Innovators 2024

  “Sanitize and Securitize” at the Mortgage Innovators #MIC24 FundingShield‘s CEO Ike Suri participated on the panel “Sanitize and Securitize” at the Mortgage Innovators #MIC24 alongside Anne Marie Pippin, Esq., CGFM (Federal Housing Finance Agency), David Coleman (MISMO), Chris Hilliard (Winnow Solutions, LLC) and led by Chris Joles (Planet Home Lending, LLC). The panel brought lender, regulator, technology, data expertise and solution providers into one forum to discuss reducing risk, increasing asset quality all while cutting costs. Verified data earlier in the mortgage origination and closing process can reduce time and effort from redundant data verification, review and boarding processes
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Categories: Media, News Letters, and Press.

FundingShield’s Partnership Demo’s with Corelogic and SitusAMC – Mortgage Innovators 2024

  FundingShield’s Partnership Demo’s with Corelogic and SitusAMC – Mortgage Innovators 2024 Check out the video below featuring FundingShield’s latest technology and partnerships showcased on stage at the Mortgage Innovators Conference 2024. Corelogic Showcases its consumer downpayment protection solution powered by FundingShield’s real-time, live, expensive ecosystem of vetted closing agents. SitusAMC walks through how Warehouse lenders benefit from integrated wire and payment verification solutions (utilizing FundingShield’s APIs) as part of automated and intelligent workflows.   Presenters: FundingShield Ike Suri (CEO) Adam Chaudhary (President) CoreLogic Steve Kalush (Principal Solutions ) Situs AMC Anthony Beshara (Managing Director, Head of Warehouse Financing and
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Categories: Media, News Letters, and Press.

“The Growing Cybersecurity Threat” – FundingShield Panel from Mortgage Innovators 2024

  “The Growing Cybersecurity Threat” – FundingShield Panel from Mortgage Innovators 2024 FundingShield’s CEO Ike Suri spoke on the Mortgage Innovators 2024 conference panel “The Growing Threat: Cyber Security Risks in the Mortgage Industry” alongside Chris Hilliard from Winnow Solutions, LLC, Eric Blumberg from Aster Key and led by RWM Home Loans’ Principal and Chief Strategy Officer Susanne Livingston. Securing data in transit, at rest, and among parties during critical interchanges is an important #cybersecuirty topic that will drive further discussion around regulations, digital identity, encryption and verification of data using 1st party data. #innovation from firms like these will
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Categories: Media, News Letters, and Press.

Mike Aberle, Mortgage Finance, Banking and Warehouse Lending Leader, joins FundingShield Advisory Board.

  Mike Aberle, Mortgage Finance, Banking and Warehouse Lending Leader, joins FundingShield Advisory Board. Newport Beach, California, May 17th, 2024: FundingShield is pleased to announce that Mike Aberle has joined its advisory board. Aberle brings more than 20 years leadership experience in the mortgage industry including various roles in business development and mortgage finance. Aberle spent 20 years at Bank of America (NYSE: BAC) including 13 years as Director of Mortgage Finance for the warehouse division. In addition to relationship management, Aberle served as CFO of the Correspondent Lending and Warehouse Lending Divisions and later as SVP, Credit Risk Executive.
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Categories: Media, News Letters, and Press.

John Hedlund, Mortgage Industry Veteran & Operations Leader, Joins FundingShield Advisory Board.

  John Hedlund, Mortgage Industry Veteran & Operations Leader, Joins FundingShield Advisory Board. Newport Beach, California, April 24, 2024: FundingShield is pleased to announce that – John Hedlund has joined its advisory board. John Hedlund, founder of Adanac Advisory Group (AAG), a boutique advisory and consulting firm, recently retired from AmeriHome Mortgage, a Western Alliance Bank Company where John was Chief Operating Officer and Managing Director. John was one of the original founders (2013) of Amerihome and helped lead the sale to Western Alliance Bank in 2021. AmeriHome quickly grew from inception to become the 2nd largest Correspondent Lender in
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Categories: Media, News Letters, and Press.