FundingShield CEO, on Keynote Panel of Western Secondary 2024 Our CEO Ike Suri sat on the Keynote CEO Panel alongside Terry Schmidt (Guild Mortgage), Bill Lowman (American Pacific Mortgage), and Doug Jones (PENNYMAC) discussing leadership from a multitude of perspectives and the journeys that formed each panelists success. We hosted several leaders from mortgage lending, warehouse banking and title insurance at the California MBA hashtag#CAMPAC Golf Tournament where Ike Suri and Adam J. Chaudhary (our President) hosted T.J. Harrington (Stewart Title), Bill Johnson (Paramount Residential Mortgage Group Inc. (PRMG Inc.), and David Bernard (Western Alliance Bank). Contact
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Posts by Alvaro Rosado
MBA Newslink Covers FundingShield Q2 2024 Fraud Risk Report
MBA Newslink Covers FundingShield Q2 2024 Fraud Risk Report MBA Newslink has featured FundingShield’s Q2 2024 Fraud Risk Report, highlighting critical insights into the current landscape of mortgage and settlement fraud. View covering here. Read our report here. Contact Sales@fundingshield.com for more information.
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FundingShield Q2 – 2024 – Fraud Analytics With Commentary From FundingShield’s CEO Ike Suri
FundingShield - Q2 - 2024 - Fraud Analytics With Commentary From FundingShield’s CEO Ike Suri Q2 2024 REPORT Quarterly Data During Q2 2024 47% percent of transactions on a $74bn portfolio comprising of residential, commercial and business purpose loans, had issues leading to a risk of wire & title fraud. On average, problematic loans had 2.21 issues per loan indicating the lack of appropriate controls by closing agents and lenders to identify and fix issues. Q2 2024 saw near record-high risk levels for wire data and CPL validations. The validations cover critical areas like agent
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