New York City Mayor Zohran Mamdani has created the Office of Deed Theft Prevention, a new unit housed in the Department of Finance to coordinate citywide efforts to combat fraudulent property transfers, according to an announcement on Friday. “The theft of a home is the theft of a family’s future,” Mamdani said in a statement. […]
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Real estate fraud has evolved rapidly, and professionals across the industry already recognize that today’s schemes are more complex and convincing than ever. What has changed most is the scale — driven by artificial intelligence (AI) that can generate realistic emails, cloned voices and even live deepfake video impersonations of buyers, sellers or agents. In
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The FBI’s Internet Crime Complaint Center (IC3) received 1,008,597 complaints of cyber-enabled crime in 2025, with reported losses surpassing $20.8 billion — a 26% increase from the previous year. Real estate fraud alone accounted for 12,368 complaints and $275.1 million in losses, showing a continued and growing threat for housing professionals and their clients. Business
FBI: Cybercrime losses topped $20.8B in 2025, real estate fraud hit $275M Read More »
Title agents nationwide are preparing for a sweeping new federal reporting mandate to take effect — and WFG National Title Insurance is rolling out tools to ease the transition. The Financial Crimes Enforcement Network’s (FinCEN) Anti-Money Laundering Regulations for Residential Real Estate Transfers Rule will require reporting on certain non-financed, all-cash transfers of residential real
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SoftPro has released new integrated software tools designed to help title companies comply with the Financial Crimes Enforcement Network’s (FinCEN) new anti-money laundering rule. The company said its Buyer and Seller Collection Forms are available to help users gather required data under the rule — with tools supported across SoftPro Select, Standard and Enterprise software
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First American Title is offering customers a free property title monitoring and fraud alert service, citing growing concerns about real estate crime and identity-based property theft. The service alerts homeowners to new public record filings — such as deeds or liens — that could affect property ownership. Losses tied to cybercrime exceeded $13.7 billion in
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Cybercriminals are not inventing entirely new schemes in 2025. They are perfecting old ones. According to Tyler Adams, CEO and co-founder of CertifID, fraudsters are combining artificial intelligence (AI) with patience, timing and realism to exploit real estate transactions in increasingly convincing ways. From AI-generated voice impersonations to email monitoring and highly targeted wire fraud,
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For many Realtors, the legal maelstrom that engulfed the industry over the past two years, served as a wake up call of sorts, forcing them to look for ways to mitigate and manage risks. Given this environment, it is no surprise that risk management was a popular topic at the National Association of Realtors (NAR)
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IDIQ has appointed Robin Clayton as vice president of marketing — with Clayton bringing more than 20 years of experience in mortgage lending, housing and marketing technology. Clayton will oversee marketing strategy and growth initiatives, expanding IDIQ’s presence in the mortgage and housing industries. She will report to Michael Scheumack, the company’s chief marketing officer
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A Cleveland woman says her late mother’s home was sold more than a decade after her death through a forged property deed — one of a growing number of real estate fraud cases nationwide. Tangie Harris learned earlier this year that her mother, Priscilla Harris Norris, who died in 2014, appeared to have “signed” a
Real estate fraud uses forged signature of deceased Read More »