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:

What is an encumbrance?
You’ve found the perfect home and you’re ready and willing to put in an offer to make it your own. There’s just one problem: There is an encumbrance on it. What does that mean exactly? As the name...

Whether This Is a Recession or Not, Protect Your Finances Now. Here's How
Farnoosh Torabi is Editor-at-Large of CNET Money and host of the award-winning podcast So Money. 6 min read Naomi Antonino/CNET What's happening With the latest GDP report showing another...

Half of serious mortgage delinquencies are at least 6 months late
A near-majority of borrowers with long-term serious mortgage delinquencies have been late on their payments for a half year or more, according to a CoreLogic study released Tuesday. Around half of...

5 reasons to get a money market account
Earning a competitive yield, having easy access to your money and safety are some of the top reasons to consider opening a money market account. But these aren’t the only advantages of storing...

Builders are stuck with too many houses as U.S. buyers pull back
In an American housing market that for years has been plagued by too little inventory, builders are suddenly finding themselves with a glut of unsold homes. This year's surge in mortgage rates...

Current mortgage and refinance rates for August 9, 2022: Rates rise
Mortgage rates moved higher for all types of loans compared to a week ago, according to data compiled by Bankrate. Rates for 30-year fixed, 15-year fixed, 5/1 ARMs and jumbo loans...

Should you buy a house during a recession?
As inflation grows and gross domestic product declines, many fear that the country is headed toward a recession. In response to these conditions, the Federal Reserve has raised interest rates...

'We have nowhere to go': Many face eviction during a crisis in affordable housing
Even before she lost her job this past spring, things were tight for Nikki Cox. She worked as a service representative at an insurance company in North Carolina and had been making $20 an hour. Half...

A One-Stop-App That Helps Renters Become Homeowners
am EDT|New! Click on the conversation bubble to join the conversation Got it! The first-time homebuyer app, Gravy was born to be a reward platform for renters. The reward?...

Home inventory soars at record rate with U.S. buyers pulling back
The supply of homes for sale across the U.S. grew at a record rate last month, another sign that higher mortgage costs are cooling down the housing market. The number of active listings nationwide...