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Wire Fraud Alert

Wire Fraud Alert

Caution: Important Wire Fraud Alert for Home Buyers

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


Local Real Estate Trends

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The Sunshine State of Florida is the 3rd most populous in the United States, and home to one of Fidelity National Title Group’s most dynamic residential title teams. Our Florida-based professionals work in all facets of the real estate industry, providing best-in-class real estate services to buyers and sellers in the area, as well as the real estate professionals, lenders, builders and industry partners that work alongside them. In addition to our commitment to the residents of Florida, we provide commercial services to investors who help keep our economy strong.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the Newsdesk.



The Latest Articles From the FNF Newsdesk:

Why homeownership costs for Blacks are disproportionately high — and what can be done about it
African-American homeowners pay hundreds of dollars more per year in mortgage interest and mortgage insurance premiums than White homeowners, a “Black tax” on homeownership that intensifies the...

Your bank is getting acquired: Should you stay or should you go?
The recent announcement of a merger between CIT and First Citizens has some consumers wondering what will happen to their accounts — and the services they count on — when a bank joins forces with...

Home prices in 20 U.S. metro areas rise most in two years
U.S. home prices rose the most in two years in August as low mortgage rates spurred competition for an increasingly scarce supply of listings. The S&P CoreLogic Case-Shiller index of values in 20...

Is The Covid-19 Pandemic Reviving A Historic Residential Design Feature?
The pandemic has changed our relationship with our homes, possibly permanently. One of those changes is the desire to maximize our outdoor living spaces . The reasons include new pressures on indoor...

The Real Estate Market Is Volatile: Why You Should Wait To Invest
Back in April, shortly after the pandemic began to adversely affect American life, I wrote an article where I advised investors to go ahead with acquiring property. Since then, I’ve made a...

Current Mortgage Rates, October 27, 2020 | Rates abate
Several benchmark mortgage rates receded today. The average for a 30-year fixed-rate mortgage decreased, but the average rate on a 15-year fixed increased. The average rate on 5/1 adjustable-rate...

30-Year Interest Rates for October 27, 2020 | Rates slide
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools...

The Dark Side Of The Recovery Revealed In Big Data
Editor's note: This is an excerpt of Planet Money 's newsletter. You can sign up here . On the afternoon of April 3, John Friedman went down to his basement and hopped on a call with...

Covid-19 And Your Mortgage: How Has Buying Or Refinancing Changed?
The coronavirus pandemic may have slowed the economy, but it hasn’t stopped people from buying or refinancing homes. Months into the pandemic, home sales are up 21% over this time last year—and sale...

How to read and compare mortgage loan estimates
Unless you’re planning to pay cash for a home, you’ll need to secure a mortgage to finance the purchase. An important part of that process is evaluating the loan estimate, which explains the mortgage...