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
Why Leadership Teams Confirm The Economy Far Too Late Mohamed AL Hashemi is CEO at Union Coop, a World Economic Forum Young Global Leader and chairman for Dubai Chambers’ Groceries Group. I once sat in a leadership meeting where the finance chief...
Here's the latest sticker shock: Borrowing for a mortgage -- or a car ...one thing stopped her cold. The mortgage she would have to pay. Mortgage rates have hit their highest level in almost three years, making buying a home impossible for many people at a time when...