Listen as Equity Protect CEO Ryan Marshall discusses the growing and latest types of fraud in the real estate industry and how to fight back -via the creative use of intentional title clouds. Marshall offers his perspective on unique and evolving methods bad actors use to perpetrate crimes such as seller impersonation, deed fraud, fake mortgages, fake assignments, and contract for deed fraud. Some high-tech fraudsters are even using AI to impersonate signatures and take advantage of stolen notary credentials. But the industry has access to its own high-tech methods of mitigating these risks, including how to spot properties most at risk. Just by listening to this episode you will be helping in the fight against fraud because, as Marshall notes, education and prevention go hand-in-hand in combating illegal activity in real estate transactions.

Chapters:

00:00 Introduction and Background

03:25 The Evolving Methods Used by Fraudsters

09:53 Different Types of Fraud Attempts in Real Estate

14:13 Contract for Deed Fraud on the Rise

24:23 The Importance of Education and Prevention in Combating Fraud

30:55 Providing Ongoing Protection and Education to Consumers

Get In Touch…

Ryan Marshall, CEO, Equity Protect (Guest), ryan@equityprotect.com

Mary Schuster (Host), mschuster@octoberresearch.com

To find more episodes of “Keys to Real Estate” or learn more about October Research – the nation’s leading independent provider of market intelligence, industry news, expert analysis and regulatory information for professionals in the real estate, title, financial and settlement services industries – visit www.OctoberResearch.com.

Episode sponsored by RamQuest – https://www.RamQuest.com

Additional support provided by Rynoh – https://www.Rynoh.com

Episode produced by October Research – https://www.octoberresearch.com