Julie A Campbell

US Patent:

20070219819, Sep 20, 2007

Filed:

Mar 14, 2007

Appl. No.:

11/717843

Inventors:

Julie Campbell - Wilmette IL, US
Michael Poulos - Evanston IL, US

International Classification:

G06Q 10/00
G06Q 30/00

US Classification:

705001000

Abstract:

A method of detecting title fraud utilizes an electronic database in which is stored information relating to one or more title transactions. Such information includes common addresses of real estate properties, and at least one of a type of title transaction involved, and identifying indicia of parties to the title transactions. The method initiates a title order to a settlement agent for a new title transaction involving settlement services relating to a particular real estate property, and then searches the database for at least one other title transaction involving the same particular property, parties, or other indicia in common with said title order, and for any copendency during a period between the title order initiation and subsequent registration and indexing of the title transaction after the title transaction is completed. The method then reports whether or not a copending title transactions exists and, if so, the nature of, and available information relating to, the copending title transaction