Know the Signs. Prevent Identity Fraud.
The title to your home is a precious document. It proves that you own your home and that you may borrow money against your home equity. Can internet hackers take it from you?
Cybercriminals are highly sophisticated. In 2020, they were able to hack into top cybersecurity firms that do business with the U.S. government. Three years earlier, hackers got into a credit reporting company’s database. The Equifax breach exposed personal details of about 143 million people.
Assume that your social security number, birth date and other key identification numbers may have been exposed at some time. And if you’ve had the deed to your home recorded, your signature is in a database, too. But while we all could be vulnerable, knowledge is power. Here’s what to know about how title snatchers work, and how to safeguard your identity and your homeownership.
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