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:

Home buyer sentiment falls to its lowest level since 2011
Home purchase sentiment tumbled to its lowest point in over a decade, despite an increasing number of indicators pointing to price moderation.  A mixed response to changes in the housing landscape...

San Francisco 'froth is gone' as wealth fades, housing slumps
A palatial five-bedroom home built in 1932 with stained-glass windows, hand-carved doors and jaw-dropping hillside views of downtown San Francisco hit the market in April for $9.5 million. In June,...

Mortgage insurer earnings grow in 2Q
Radian Group reported second quarter net income of $201.2 million, up from $181.2 million in the first quarter and $155.2 million in the second quarter of 2021. The Philadelphia-based company also...

BTR Investors Pay More Than Home Buyers
Lew Sichelman Investors in build-to-rent single family properties, either when fully built or while under construction, are paying more per house than the typical home buyer, according to new...

Fewer Americans Are Moving This Year Amid Rising Interest Rates And High Rents
pm EDT| Topline The number of Americans who changed their addresses in May and June dropped nearly 10% this year, according to a new Pew Research Center report released Monday, as rising interest...

Preapproval vs. prequalification: What’s the difference?
The terms “prequalified” and “preapproved” are often used interchangeably by mortgage borrowers, but they aren’t quite the same. Prequalifying for a home loan isn’t as involved — it simply gives you...

What are points on a mortgage?
Buying a house is the most expensive purchase most of us will ever make, so naturally, anything that can reduce the cost of a mortgage is worth looking at. Besides negotiating a good price and...

What happens if your mortgage company goes bankrupt?
While it might not be common, banks, like any other business, can close or go bankrupt. If you have a mortgage and your bank closes, you might be wondering if that gives you a get out of jail free...

Rent Increase: These Cities Had the Biggest Rent Hikes in the US
The era of the "COVID discount" is definitely over. Dan Avery Writer Dan is a writer on CNET's How-To team. His byline has appeared in Newsweek, NBC News, The New York Times, Architectural Digest,...

Wakeland’s New CEO on California’s Affordable Housing Crisis
Rebecca Louie, CEO, Wakeland Housing and Development Corp. Image courtesy of Wakeland Housing and Development Corp. California’s housing crisis is notorious. Demand for affordable housing in the...