TrustFunds Surpasses $2 Billion in Electronic Earnest Money Transactions

Kris PearsonAgents, Brokers, Industry Partners, Law Firms, MLS Decision Makers, Title CompaniesLeave a Comment

TrustFunds, the industry leader in electronic earnest money has successfully closed more than $2 Billion in digital payments. This momentous achievement marks a significant milestone in the company’s growth strategy and is a testament to its unwavering real estate industry commitment. Earnest money is a vital component of any real estate transaction. TrustFunds is an innovative platform that offers a … Read More

Combatting Wire Fraud in Real Estate

Kris PearsonAgents, Brokers, Law Firms, MLS Decision Makers, Title CompaniesLeave a Comment

Consumers are demanding a more seamless and digital home-buying process and the industry is ripe for cybersecurity-related losses. Due to large sums of money being transferred electronically in our industry, wire fraud is an ongoing issue. According to a 2022 ALTA (American Land Title Association) survey, only 17% of wire fraud victims recovered all their funds. Real estate transactions frequently … Read More