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
Fountain Residential Breaks Ground on Louisiana Student Housing Image by Photo Mix via Pixabay.com Fountain Residential Partners has broken ground on The Vue on Parker, a 294-bed community serving students at the Louisiana State University in Baton Rouge, La....
As refis dry up, mortgage firms vow to lend more to minority borrowers Mortgage lenders that have sustained staggering profits over the past two years are facing a tougher outlook ahead. Rising interest rates, a tight housing supply and sky-high home prices are...
Current mortgage and refinance rates for October 22, 2021 – Rates historically low Mortgage interest rates were mixed this week, according to data compiled by Bankrate. See below for a breakdown of how each loan term moved. Rates as of October 22, 2021. These rates are...
Current mortgage interest rates on Oct. 22, 2021: Rates fall Today a couple of notable mortgage rates declined. If you haven't locked yet, see how your future mortgage payments could be affected. A few notable mortgage rates went down today. While 15-year...
Should You Lock Your Mortgage Rate Today? Mortgage interest rates are dynamic and unpredictable, and can fluctuate many times between when you file a loan application and your closing. If you want to avoid uncertainty and preserve the rate...
Commemorating MLK Memorial, NAR Vows a Fairer Future The National Association of REALTORS® joined The Memorial Foundation this week to commemorate the 10th anniversary of the Martin Luther King, Jr. Memorial in Washington, D.C. Nearly 20 NAR...
Residence Underwater Due To Liens Not An Asset That Could Be Fraudulently Transferred In Tootian Sometimes debtors will engage in a lot of shady transactions to save a property, but those transactions still do not rise to the level of a voidable transaction for the reason that there just isn't...
N.H. Town Named Hottest Market for 10th Time | Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. October 21, 2021 For the 10th time since the pandemic...
Home Sales Jump as Buyers Aim to Beat Rising Rates Existing-home sales rebounded in September as buyers may have felt a sense of pressure as mortgage rates started to inch up. Existing-home sales rose by 7% in September compared to August. All major...
Home sales rebound while prices continue to climb After the housing market finally started cooling off a bit over the summer, sales rebounded in September. The tight inventory of homes, which had been improving earlier in the year, worsened again...