Notice as of 5/5/21:
Hi all, it has been brought to our attention that there have been a few files that closed with us that experienced Payoff Fraud.
When we(or the borrower) sends title a Payoff statement there is someone intercepting that email and impersonating us(or the borrower) and sending title a revised Payoff statement with fraudulent wire instructions.
IT has confirmed that this is an issue on Title’s end, but in order to do our part to help combat this for the borrower, when payoffs are requested from you or you send payoffs to title make sure to include the below.
ATTENTION SETTLEMENT AGENT
BEST PRACTICE IS FOR SETTLEMENT AGENT TO OBTAIN PAYOFF DEMAND AND WIRE/PAYMENT INSTRUCTIONS DIRECTLY FROM BORROWER/LIEN HOLDER AND TO CONFIRM WIRING INSTRUCTIONS DIRECT WITH LIEN HOLDER PRIOR TO SENDING FUNDS
Regional Fulfillment Center Operations Manager
* Email: amelendez@PRMG.NET
( Office: 888-241-8582
( Direct: 954-641-6953
( Fax: 951-284-7304
Branch ID 127