How to protect yourself from real-estate title fraud [CBC (Canadian Broadcasting Corporation)]
First American Corporation (New) (FAF)
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Source: CBC
Real-estate title fraud take place when someone steals ownership of a home, using identity theft, in order to benefit from its value. Experts say there are ways to help prevent it. (Graeme Roy/The Canadian Press)Recent stories have highlighted the dangers of real-estate title fraud, which take place when fraudsters or scam artists steal ownership of a home in order to benefit from its value.Yesterday,CBC reported on a Toronto familyThe case resembles an ongoingToronto police investigationSo, what is title fraud and how can you prevent it from happening?What is title fraud?Title fraud takes place when a person uses fake identification or forged documents to steal the identity of a homeowner and take away their "title," or legal ownership of a property.Once fraudsters have their hands on a property's title, they can re-mortgage it, sell it to an unsuspecting buyer, or extract value from it in some other way and make away with the proceeds.Homeowners often don't learn about
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FAF
Earnings
- 4/24/24 - Miss
FAF
Sec Filings
- 4/24/24 - Form 8-K
- 4/15/24 - Form 13F-HR/A
- 4/10/24 - Form SC
- FAF's page on the SEC website