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Real Estate Wire Transfer Fraud: Prevention Prior to Closing
Member Price: $1.00
Nonmember Price: $299.00
Product Code: E2201716AX/REGIS
Date Held:
February 19, 2020





 Before 2/19/2020StandardAfter 2/19/2020
Member$1.00$1.00$1.00
Non-Member$299.00$299.00$299.00


Description of Product
Date Held:
February 19 
 
Description:
Summary:

Buying a new home should be an exciting and unforgettable milestone for U.S. homebuyers. However, for more than 11,000 victims of real estate wire transfer fraud in the United States in 2018, it was a nightmare. Many lost their entire savings, as well as the new home they were trying to buy. Most never recovered a penny. The large down payments they mistakenly wired to a criminal's account were transferred overseas and never seen again.

Join MBA Education & Bruce Phillips, SVP & Chief Information Security at WFG National Title Insurance Company, for this informative webinar to highlight the current status of wire transfer fraud for consumers and businesses inside the real estate industry and discuss how mortgage lenders and all actors in the mortgage origination chain can help to prevent wire transfer fraud from taking place prior to closings.

Date:

Wednesday, February 19, 2020

Time:

2:00-3:30 PM ET

Discounts:

This webinar is complimentary to MBA members, please use the promo code WEBINAR upon check out.

Objectives and Topics:

  • Projecting future losses based on previous annual reported losses due to cyber risk in real estate
  • Understanding about the impact of privacy laws on data protection and data security
  • Creating awareness for mortgage professionals to previous and current methods of email scams and when they are likely to occur
  • Provide a framework for assessing cyber risks and developing action plans to address cyber risk

Speaker(s):

  • Bruce Phillips, SVP & Chief Information Security Officer, WFG National Title Insurance Company

Who Should Attend?

  • Real estate and mortgage company executives
  • Mortgage originators and closers
  • Title agents
  • Settlement attorneys
  • Real estate agents
  •  
     
    Product Category:
    Live Webinars 
     
    Contact Info:

    For registration information, call (800)-793-6222 or email education@mba.org

     
     
    Contact E-mail:
    education@mba.org  
     
    Product:
    E2201716AX/REGIS 
     
    Title:
    Real Estate Wire Transfer Fraud: Prevention Prior to Closing 
     
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