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Title Industry Responds to COVID-19: Our Title Is Protection

Title insurance professionals take pride in protecting their customers by ensuring that their home is theirs when they make one of the biggest financial decisions of their lives. In the midst of the COVID-19 pandemic, the title insurance industry has stepped up even more to help their communities. Whether it’s volunteerism, or innovation to get deals closed during this time of social distancing, the title industry is here to provide protection today, tomorrow, and forever.

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FBI Warns of "House-Stealing"

Stealing Houses? by Frank Pellegrini

By Natasha Wojcicki

What do you get when you combine identity theft with mortgage fraud? The FBI calls it house-stealing. The FBI warned of this activity as far back as March of 2008. At that time, the FBI noted that “house-stealing is not too common at this point, but we’re keeping an eye out for any major cases or developing trends.” They referred to house stealing as “the latest scam on the block.” So, what’s been going on since 2008? It’s hard to tell. While statistics are available for all sorts of wire fraud and mortgage fraud, instances of house-stealing are not broken out. What experts do know is that, thanks to the internet, crime of this sort is on the rise.

Learn more about how house-stealing works and the recommendations of the FBI here.

The article first appeared in the Trust and Estates Newsletter of the Illinois State Bar Association.