Due to changes in the California Consumer Privacy Act the age filter is no longer an option when customizing a marketing list in ListSource. Click here to read the Assembly Bill No. 375. Even though these updates cause some difficulty for the user, there are still a number of filters available to help you target your demographic.
NATIC released the following alert on January 28, 2020 advising to be aware of potential fraud and phishing schemes. Read below or download the PDF at the bottom of the post.
NATIC has been advised of a potential fraud and phishing scheme involving attempts to impersonate Patrick L. Henry (Patric or Patrick Henry) who is affiliated with Real Estate Investors Network, which is an owner of multi-family properties in California. The alleged fraud involves targeted emails with an incorrect URL that are allegedly from OS National Title Agency (OSN), and specifically Patrick L. Henry. The correct URL for OSN is osnational.com, while the falsified URL includes an additional letter “s” as follows: osnationals.com.
Should you receive a similar email originating from Patrick L. Henry, Real Estate Investor Network, or OSN, do not open the email. Instead, work with your agency’s technical support team to quarantine this email and increase the protections in place to ward off these threats.
Additionally, please notify your NATIC California underwriting counsel via email, CAunderwriting@natic.com, regarding any such potentially fraudulent activity.
Effective January 3, 2020 the TitleFlex application was updated to comply with the latest TLS internet security protocol. TLS (transport layer security) allows computers to communicate over the internet securely without the transmissions being vulnerable to hackers. There are several know weaknesses in TLS 1.0, the current protocol, and as a results over the last year the computer services industry including most application providers have already moved or prepared for a 2020 move to the improved TLS version 1.2.
How will you be impacted?
If you are using an older, unsupported version of any of the browsers below your TitleFlex application will no longer function beginning January 3rd. TLS 1.2 is not compatible with many older browsers. Depending on the version of browser installed on your system you may need to update to the latest version. If you are already using the supported browser no action is required.
Click here For help understanding how to check your internet browser version and to review the official TitleFlex notice.
Fraud Prevention – CRMP Certified Course
Join us for a class dedicated to enhancing the security of your transaction. We have compiled a comprehensive overview of some of the most common ways you can detect and prevent fraud. Allow us to share with you ways to stay alert to fraud so you can protect yourselves, your clients and increase overall awareness of the dangers of fraud.
Click here to register.
The Payoff Process
Wednesday, February 19, 2020 – 10:00am PST/1:00pm EST
Paying off debt is a crucial part of the reverse mortgage transaction. Join us to familiarize yourself with the timeline and requirements when there is debt involved. We will also cover ways to identify potential liens that may cause delays in the closing of your file.
Click here to register.
With the New Year upon us, multiple law enforcement agencies across the country are advising consumers, legal and financial professionals to take care to write out the entire year, 2020, when dating and signing documents. Using the shorter abbreviation will allow fraudsters to alter documents by adding numerals after the 20, thus altering the date and legal impact of those documents. For example, 01/03/20 could easily be altered to read 01/03/2019. In some cases, this alteration may render the document void.
See the document below from NATIC to share this message with colleagues and loved ones.
The Department of Financial Services (DFS) gave a formal press release that was distributed on January 4, 2020 outlining the heightened risk of cyber attacks from hackers affiliated with the Iranian government. There is a history with Iran launching cyber attacks against the U.S. and the financial services industry. DFS is urging all regulated entities to increase their vigilance against cyber attacks. Although there have been no noted attempts made, it is important to remain prepared to quickly respond if an event were to occur. They advised that Iranian-sponsored hackers typically resort to common hacking tactics such as email phishing, credential stuffing, password spraying and targeting unpatched devices. DFS asks that you notify them promptly of any significant or noteworthy cyber attacks.
Any questions or comments regarding this alert should be directed to CyberAlert@dfs.ny.gov.
Click the link below to read the full press release.
Wednesday, January 8, 2020 – 10:00am PST/1:00pm EST
Please join us for an introduction to Manufactured Home guidelines, procedures and suggestions to help make the process smoother. This is a segment of our business that often is met with hurdles, questions and confusion. The purpose of this class is to help you identify red flags early in the process and to help arm you with information and questions to ask your borrower.
Click here to register.
Wednesday, January 15, 2020 – 10:00am PST/1:00pm EST
Reverse mortgages are complex and being prepared is key to a successful closing. We are happy to share our experience and knowledge with you. Together we can make the borrower’s experience a pleasant one.
Click here to register.
Fraud Prevention – CRMP Certified Course
Wednesday, December 18, 2019 – 10:00am PST/1:00pm EST
Join us for a class dedicated to enhancing the security of your transaction. We have compiled a comprehensive overview of some of the most common ways you can detect and prevent fraud. Allow us to share with you ways to stay alert to fraud so you can protect yourselves, your clients and increase overall awareness of the dangers of fraud.
Note: CRMP Credit not available for California residents.
Click here to register.
Ins and Outs of Title and Settlement in Texas
Tuesday, November 12, 2019 – 10:00am PST/1:00pm EST
Join us for a webinar dedicated to walking you through a Texas closing from start to finish, with an emphasis on Texas guidelines. We will review vesting tips and hints, required forms and documents, state specific fees, trusts and so much more.
Click here to register.
Introduction to Trusts
Wednesday, November 13, 2019 – 10:00am PST/1:00pm EST
Reverse mortgages are complex and being prepared is key to a successful closing. We are happy to share our experience and knowledge with you. Together we can make the borrower’s experience a pleasant one.
Click here to register.
Introductions to Manufactured Homes
Wednesday, November 20, 2019 10:00am PST/1:00pm EST
Please join us for an introduction to Manufactured Home guidelines, procedures and suggestions to help make the process smoother. This is a segment of our business that often is met with hurdles, questions and confusion. The purpose of this class is to help you identify red flags early in the process and to help arm you with information and questions to ask your borrower.
Click here to register.
Please join us as we will discuss the basics of title insurance, title commitments and how to review the reports for important and relevant information that will need to be addressed during the transaction.
Wednesday, September 18, 2019 10:00am PST/1:00pm EST
Closing transactions efficiently and accurately is our first priority. You’ll get peace of mind and security with our smooth and easy process. Join us to see how you and your borrower can help improve the closing experience.
