#deed-fraud

#deed-fraud

As HousingWire recently reported, the fragmentation across 3,000-plus local registries has created a multibillion-dollar opening for deed fraud. When ownership data is siloed and verification relies on manual oversight, the system becomes a playground for bad actors. Digitization was supposed to fix this, but moving a paper deed to a PDF doesn't change the underlying vulnerability. If a fraudulent signature is recorded digitally, the speed of the system simply makes the fraud harder to claw back.

We're excited to see that, just in general, there's at least a state government that's looking to try to make a difference, Dovidio said. But when I first saw this law, my very first thought was that they're talking about if you walk up to the counter and say, Here's my grant deed.' That sounds great. But how many people actually do that anymore?