FundingShield LLC

FundingShield LLC is a company based in Newport Beach, California. It is a privately held company with 23 employees and generates $5 million in annual revenue. FundingShield specializes in providing closing protection letter (CPL) fraud detection and validation services to the residential mortgage industry. Their services aim to protect lenders from financial losses due to inaccurate documentation, fraudulent activities, or exceeding coverage limits by closing agents or attorneys. FundingShield distinguishes itself from competitors by focusing on transaction-level monitoring rather than relying on risk ratings or exclusionary lists. They meticulously inspect documentation, verify licensing and authorization of parties involved, and ensure compliance with state regulations. Their services include confirming party licenses, document accuracy, proper form usage, adherence to issuance limits, sufficient insurance coverage, and matching bank account details. For more information about FundingShield's services, visit their website at fundingshield.com.