Saying it will help detect mortgage fraud, Fidelity National Title Group plans to provide its customers with one year of free credit monitoring through a partnership with Experian Consumer Direct.
Fidelity National Title Group, which includes Chicago Title, Ticor Title, Security Union Title and Alamo Title, plans to roll out the offering of Experian’s CreditCheck Basic in California and Texas in the next few weeks, followed by other states where the company does business. Implementation of the program in some states may require regulatory approval, the company said.
CreditCheck Basic provides a credit report, and daily monitoring of the report including e-mail alert notifications to inform customers of new inquiries, newly opened accounts, delinquencies, address change and public record items. Toll-free support from fraud resolution representatives and educational information also are included in the yearlong credit monitoring membership
“We recognize that mortgage fraud and identity theft are a growing concern not only for our industry, but for our customers as well,” said Randy Quirk, co-president of Fidelity National Financial, in a press release.
Fidelity National Title Group, a subsidiary of Fidelity National Financial Inc., claims to issue about 29 percent of all U.S. title insurance policies.
