Featured Story

CAUTION: IMPORTANT WIRE FRAUD ALERT FOR HOME BUYERS

Featured Story  image
Realtors®, Real Estate Brokers, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email.

A hacker will break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email will contain new wiring instructions or routing information, and will request that the Buyer send funds accordingly.

Learn how to be WireSafe >>


The Latest Articles From the FNF Newsdesk:

Singapore Marina Bay Mixed-Use Site May Attract Bids Above $800 Million Amid Housing Boom
...to private developers seeking to replenish their land banks as the Singapore housing market defies a global downturn in the property market amid soaring rents in the Lion City. “This land parcel...

How to Choose an Online Bank
...000 -- but only for member banks. Look for an emblem reading "FDIC insured" in the footer of the online bank's website. You can also use the FDIC's BankFind tool to verify if an online bank is...

2022 Major Layoffs Grow: PepsiCo Laying Off Hundreds Of Staff, Report Says
...following its decision to cut 8% of its staff in June as mortgage rates continued to climb, jumping to a 22-year high. Nov. 9, 2022Mark Zuckerberg, the CEO of Facebook, Instagram and WhatsApp...

Cash-out refinancing: How it works and when to do it
...for you? Cash-out refinancing can be a good idea for many people. Mortgage rates are on the rise. Still, the collateral involved in a cash-out refinance — your home — means that lenders take...

Will The Phoenix Housing Market Crash Again?
...that surround Arizona’s capital. Over the past five years, the Phoenix housing market has experienced very healthy growth in activity, not to mention home prices. Using data from Redfin RDFN...

What is a bank holding company? Definition and examples
...are supervised by other entities such as the Federal Deposit Insurance Corporation (FDIC). Advantages of a bank holding company Reduced risk A bank holding company is able to reduce overall...

How To Fund the Down Payment on Buying a Home
...2022,10:30am EST|Press play to listen to this article! Got it! With mortgage rates on the rise, home prices are becoming increasingly unaffordable. Another of the biggest obstacles people have...

Young Renters Making Trade-Offs in Response to Inflation
...to live (34%). “Young American renters are contending with an extremely supply-strapped housing market, which has made it significantly more difficult to find accessible apartments in desirable...

South Florida Experts Weigh In With 2023 Regional Real Estate Forecasts
...s drain on labor will likely delay them even further. “Despite rising mortgage rates, there is no way for [home] prices to come down; This is due to the population continuing to grow at a large...

53 seconds ago Mortgage Interest Rates for Dec. 5, 2022: Rates Slip
Today a couple of important mortgage rates declined, though rates are generally expected to rise this year. As interest rates surge, it's getting more expensive to buy a house. Written by A...