First American Title Launches Title Monitoring Service for Homeowners
First American Title Insurance Company has launched a property title monitoring service to protect homeowners against real estate fraud, available at no extra cost through its network of independent title agents.
This initiative comes as a timely response to the growing threat of real estate fraud, exacerbated by a surge in cybercrime-related losses reported by the FBI. The monitoring service, offered when a residential owner's title insurance policy is underwritten by First American Title, aims to alert homeowners of suspicious filings like deeds or liens that could impact property ownership. This early detection allows for swift action to prevent potential fraud.
According to Steve Vincini, President of First American Title's Agency Division, providing title monitoring through trusted title agents adds essential security for homeowners, keeping them engaged with their title professionals well after their property purchase. This service is not universally available; it is offered in all states except Vermont, with restrictions in certain counties, and excludes commercial properties. It supports residential properties with a valid street address, including new home construction and vacant land under similar conditions.
Service Offer Highlights
- Available through independent title agents linked with First American Title.
- No additional cost for clients with qualifying title insurance policies.
- Ineligible properties include commercial real estate and regions with county-level restrictions.
Eligible properties can benefit from additional coverage options like the Eagle Policy® or the ALTA 49 endorsement, subject to availability and underwriting approval. Title agents can use this service to strengthen client relations by providing extended support. First American Title complements this with educational resources and tools to facilitate client engagement.
First American Title Insurance Company continues to offer a wide range of title services both in the U.S. and abroad, reinforcing its commitment to innovation in property security. Agents seeking more information can contact their First American Title Agency Representative or access AgentNet® Services, while broader fraud prevention resources are available through the company's Fraud Center.