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 More about our Wiring Instructions >>
The national debt passed $40 trillion. What it means for your 401(k) Besides the artificial intelligence trade, investors have been obsessed with any macroeconomic news that hits headlines. And it's hard to find a story in recent weeks that captured the market's...
Lower-income wages are rising faster than the 'K' economy Wage growth for lower-income households may be turning a corner, according to Bank of America. Lower-income households saw 4.7% annual growth in wages last month, compared with 3.5% for...
For its economic woes, Gen X still blames the Great Recession For its current financial worries, Generation X blames inflation. And the COVID-19 pandemic. And the Great Recession of 2008. And the dot-com bubble of the late 1990s. It reads like a laundry list...