Welcome to Chicago Title
Real Estate fraud is an on-going issue that continues to be on the rise. The two
main areas of real estate fraud are Mortgage Fraud and Title Fraud.
Real Estate fraud is the single biggest consumer protection issue in North America.
There are no central bodies in the United States or Canada to quantify financial
impact of fraud. It is estimated that this type of fraud is in the billions in the
U.S and in excess of $300 million dollars per year in Canada.
We, at Chicago Title, understand the severity of this matter and acknowledge that
more attention needs to be placed in this area in an attempt to bring the number
of cases down. In response, we are pleased to introduce idPRO. Please click
here to access the website.
What is idPRO?
As an identity authentication process, idPRO is designed to protect lawyers and
their customers against identity fraud. idPRO offers peace of mind through the highest
level of protection and security while certifying the authenticity of parties involved.
As a next step in real estate conveyancing practices, idPRO is available only through
Chicago Title Insurance Company Canada, and has been developed in cooperation with
idAlerts Canada.
Who is idAlerts Canada?
idAlerts is the foremost solution provider for identity theft protection in Canada.
Established in 2005, idAlerts combats against the growing threat and concerns of
identity theft in Canada. Through its entrepreneurial approach and commitment to
fraud protection, idAlerts offers credit management and identity theft detection,
protection and recovery services to customers of many of Canada’s largest banks
and government agencies.
Why is idPRO important?
The value added benefits include:
- Ability to minimize and eliminate exposure to mortgage and title fraud
- Safeguard your law practice against fraud
- Protect innocent clients against possible emotional and financial stress
- Provide added comfort and confidence to lenders
- Assist in closing a real estate transaction
- Take the guess work out of identifying potential fraud
- Complement law society and lender’s requirement and due diligence.
For more information about Chicago Title Insurance Canada, and idPro, please contact
your local Account Manager or contact us 1.888.868.4853.