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
Trump’s $5,000 checks would solve a problem that doesn’t exist – and create a new one ...interest rates higher on consumer loans that are pegged to Treasuries, including mortgage rates and auto loans. It’s also working against Treasury Secretary Scott Bessent’s attempt to calm down...
Wholesale inflation picked up in August, as energy costs kept rising Inflation at the wholesale level accelerated last month, as the US war with Iran pushed up energy prices. The Producer Price Index, which tracks price...
There’s a simple way the Fed could help calm the bond market Washington — Investors are increasingly worried about government deficits and persistent inflation, driving up the price of money. The Federal Reserve can ease some of those nerves. The conflict...