Title insurance provides critical protection in cases of seller impersonation fraud, according to ALTA CEO Diane Tomb. This type of fraud is becoming increasingly prevalent, with 28% of title insurance companies reporting instances of seller impersonation fraud.
Key points:
– ALTA CEO Diane Tomb emphasizes the importance of title insurance in cases of seller impersonation fraud.
– A study reveals that 28% of title insurance companies have reported incidents of seller impersonation fraud.
– Title insurance offers a safety net for buyers and lenders in the event of fraudulent activity during property transactions.
You can read this full article at: https://wrenews.com/study-28-of-title-insurance-companies-report-seller-impersonation-fraud/
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