FundingShield’s API driven fitnech services allow lenders, investors, homebuyers and title companies to confirm wired funds are going to intended recipients and transactions are free of impact from cyber fraud, phishing, business email compromise, or title fraud. The company’s services leverage source data in real-time to confirm documents are valid, vendors are compliant with regulations and insurance coverage protecting lenders, real-estate investors and consumers is enforceable. The mortgage and real estate market has over 80,000 entities and permitted roles that can provide closing and settlement services and these closing agents must be verified, vetted and validated for risk management purposes. FundingShield is the only company that delivers user-centric plug’n’play tools to lenders, consumers and real estate investors to level the playing field with pay-per-transaction, secure, cloud-based fraud protection that can easily integrate through APIs to POS/LOS/eClosing solutions driving ROIs greater than 200%.
- Nearly $1 Trillion in closing value processed and protected
- Clients can obtain coverage in the event of fraud or negligence on the part of the closing agent for up to $5 million per transaction
- Client ROI of ~250% on annual spend realized as net cost savings on operating cost reductions alone
- Average dollar amount of at-risk loan closings was in excess of $350 million per client year to date 2020, Fundingshield was able to fix over 99.75% of these transactions allowing them to close on time
Company Website:
Markets Served:
Real Estate Investment and SFR, Multifamily / CRE
Company HQ:
Newport Beach, CA
