We are so excited to tell you Monument Title has a new program to help protect your customer’s money.
For most people, buying a home is one of the largest purchases they will make in their lifetime and therefore one of the biggest wire transfers they will ever send. As a Monument Title customer, the safety and security of your client’s funds will always be our top priority.
Sad but true: fraudsters have been trying to hit the title insurance industry hard. From 2019 to 2020 there was a 110% increase in cyber phishing activity and this rate continues to rise. In 2020 a cyber crime was reported every 43 seconds. We do not take this growing threat lightly.
Rest assured. Every single Monument Title escrow officer is highly trained on how to spot fake emails and verify wiring instructions are correct. We stay up to date on all the latest phishing scams and continue to inform our team weekly. To take our client’s protection a step further, Monument Title has proudly partnered with CertifID.
Right now CertifID is one of the newest and safest ways to send and receive wiring information in the industry. Each transaction protected by CertifID is guaranteed up to $1 million dollars. The best part… your escrow officer is trained to help make the CertifID process quick and easy at closing.
Now every Monument Title customer can have the peace of mind they deserve and a guarantee their funds are safe when they choose to use the CertifID service.
If you have any questions regarding the CertifID system or you want to make sure your client’s use this service during closing, respond to this email directly and a customer service agent will get back to you shortly. Or, always feel free to ask your escrow officer directly.
Thank you for choosing Monument.
Cheers,
The Team at Monument Title
