Cislo Title now offers fraud-free transactions through Closinglock’s advanced platform, which provides comprehensive fraud prevention technology tailored to the real estate industry. This integration helps title companies, law firms, and financial service providers to tackle critical challenges such as wire fraud and seller impersonation effectively.

Key features offered include:

  1. Identity Verification: Ensures all parties are accurately identified to prevent fraud.
  2. Secure Payments: Facilitates the secure handling of earnest money deposits and cash-to-close payments.
  3. Wire Instructions: Secure exchange of wire instructions to prevent wire transfer fraud.
  4. Payoff Verification: Real-time verification of loan payoff accounts and routing numbers.
  5. Document Sharing: Secure two-way sharing and communication of documents.
  6. eSigning: Collection of compliant electronic signatures for a streamlined process.

These services are provided through a secure platform that is SOC 2, Type II compliant and uses 256-bit AES encryption, ensuring the highest level of security. Closinglock’s platform also integrates with leading Title Production Software, reducing the time spent on manual processes and increasing efficiency.

Fraud-Free Transactions on a Single Platform