When California Homeowners Face Loans They Never Took Out | Jay Hibert

For most California homeowners, the house is the largest asset they own.

Some owners learn something is wrong only when a foreclosure notice arrives on a loan they never took out.

Jay Hibert spent 25 years in commercial banking and now consults for title insurers and lenders through JBH Real Estate Experts when these cases reach litigation. He joins us to explain why paying off a home does not remove the risk of title fraud.

00:00 - The Rise of Real Estate Fraud
02:40 - Mechanics of Property Theft & Scale of Financial Impact
06:15 - Legal Challenges and Investigations
11:04 - Title Insurance Protections
15:50 - Protecting Home Equity and Ownership 
26:49 - Systemic Issues and Wire Fraud

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Views expressed in this video are the opinions of the host and guests and do not necessarily reflect the views of California Insider.
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