BuyerDocs Rebrands as ClosingLock, Expands Offerings

July 11, 2019

BuyerDocs, an online service aimed at protecting against wire fraud, has changed its name to ClosingLock LLC. The company reported that the new name better incorporates its growing systems and expanded offerings, which now include two-way document sharing, automated text message notifications and passcode verification.

ClosingLock CEO and co-founder Andy White said that the company has planned this name change for some time, along with the addition of several new features that are set to launch in the coming months.

“We are excited to offer our customers an even more robust additional features list, which will soon include an e-signing solution,” he added.

With ClosingLock, closing companies can share wire transfer documents via a secure web-based service, allowing everyone to avoid the email and phone phishing scams so prevalent in the real estate industry.

In 2018, ClosingLock (under the BuyerDocs name) protected more than $6.3 billion in real estate wire transfers while being used in all 50 states and 28 countries worldwide.

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