Fast Deeds provides Deed Alert to homeowners who want to be protected against mortgage fraud
December 19, 2008 (PRLEAP.COM) Business NewsFastDeeds.com deed alert program provides homeowners with protection against property fraud. NY is one of the top ten states with the highest rate of mortgage fraud. Prevent this from happening by having us conduct a monthly deed search to ensure no unauthorized changes were made to your document which will most likely lead to mortgage fraud.
A recently published article by the NY Daily News indicated how easy it was to steal the Empire State Building.
The News swiped the 102-story Art Deco skyscraper by drawing up a batch of bogus documents, making a fake notary stamp and filing paperwork with the city to transfer the deed to the property.
- A man posing as someone who had been dead for 19 years deeded the dead man's property to himself. He then sold it to the scheme's mastermind, who took out a $533,000 mortgage and vanished with the cash.
- Asia Smith stole her 88-year-old grandmother's house in Springfield Gardens, Queens, pocketing $445,000 in mortgages she took out.
- The FBI says financial institutions filed 31% more Suspicious Activity Reports involving mortgage fraud last year than in 2006. Nationwide, lenders' losses totaled $813 million, and New York was one of the top 10 mortgage fraud states.
FastDeeds.com has come up with a sytem which will inform you the home owner with any changes made to your deed document before it is too late.
DEED ALERT! by Fast Deeds monitors your property by running monthly deed searches which will indicate if any un authorized changes have been made to your document. This will help prevent mortgage fraud before it is too late.
Protect your American Dream with DEED ALERT!