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Wire Fraud Alert

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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

Discover What's New and Interesting in Our Backyard
Local CRE Trends

New York is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams, Chicago Title New York. Chicago Title New York serves the residential and commercial real estate industry in the New York area. Our team works 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 attorneys that work alongside them. In addition to our commitment to the residents of New York, 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:

25% Food & Dining Inflation Indicates Recession
pm EDT Food prices, both "at home" (think grocery stores) and "away from home" (think restaurants), are up 25% during the Covid period from January 2020. This high cost change of a consumer...

Swing States And The Future Of Equity: Shaping Policies For Black Americans
pm EDT Swing states, pivotal in determining the outcome of U.S. presidential elections, play an outsize role in shaping national policy directions that impact marginalized and low-income...

Fed Versus ECB: A Comparison Of Monetary Policies Over The Last Year
am EDT Magdy Hassan Fayed | Founder & CEO of Forex Gump SRL. In the complex panorama of global financial governance, the Federal Reserve (Fed) and the European Central Bank (ECB) stand as pivotal...

The Year Of Growth: 3 Steps To Business Owner Success In 2024
am EDT Eyal Lifshitz is CEO of Bluevine, a leading provider of small-business banking. Despite continued inflation and a persistent high interest rate environment, economists are no longer...

No Change In Interest Rates Expected At Fed’s May Meeting
am EDT The U.S. Federal Reserve will set interest rates again on May 1. Fixed income markets expect that rates will remain at 5.25%-5.5%, as they have since last July. Nonetheless, summer cuts are...

Collateral Damage From Fed Policy (3): Money Market Funds, A ‘Powder Keg’?
...previous column, I examined the impact of the rate storm on the housing market. Here the focus is on another multi-trillion dollar segment of the financial system, where rising rates may be distorting...

Trade Finance As An Inflation Hedge And Strategic Investment Choice
am EDT Founder and Managing Director Artis Trade Invest and Artis Trade House—providing insured or collateralised trade solutions. In the current economic environment, characterized by enduring...

Fed officials are now considering fewer rate cuts this year
CNN  —  Americans hamstrung by high borrowing costs on car loans, mortgages and credit cards shouldn’t expect much of a break this year. That’s because some Federal Reserve officials are...

Public Employment Still Hasn’t Caught Up From The Great Recession
am EDT The labor market has been booming for years, but the speedy recovery from the depth of the pandemic-induced recession has been uneven. Even as aggressive fiscal policy interventions helped...