/Independent trade coverage
The trade record for transaction coordinators
Every figure on this site is attributed to a named primary source, dated, and corroborated where vendor data is involved.
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Wire fraud, business email compromise and the closing-table attacks that land on the coordinator's desk first.
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A federal court dismissed Heart of Gold Title's coverage claim over a $480,150 diverted wire, ruling its cyber policy's notice clock began when the agency's own IT vendor investigated in March 2024, seven months before it told its insurer. The agency's cover was gone before the lawsuit that prompted the claim was even filed.
Senate Bill 1479, signed on 9 April, puts the signer's right thumbprint in the notary journal for any deed, deed of trust or power of attorney and raises the penalty for recording a forged or groundless claim to a class 5 felony. Virginia's settlement agents have owed a seller identity check since 1 July. The FBI issued its parcel owner impersonation alert on 16 June, and its 2025 real estate complaint count is up by a third.
FundingShield's first-quarter screen flagged 43.72% of transactions in a $106.7 billion portfolio. That is an improvement on the record it set last autumn, and it is still four files in ten.
The 2026 State of Wire Fraud report surveyed more than 1,400 consumers and real estate professionals. Its sharpest finding is that 56% of consumers would not use the same firm again.
The FBI complaint centre logged 1,008,597 complaints. For anyone covering closing fraud, it is the one figure with no product attached to it.