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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

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


The Sunshine State of Florida is the 3rd most populous in the United States, and home to one of LandCastle Title Group’s most dynamic residential title teams, Masterpiece Title. 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 Newsdesk:

Advisory Board to Discuss Emerging Tech Affecting MLSs
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox , Chrome , or Edge . August...

Saving money during quarantine? Here's how to make sure your habits stick
The coronavirus pandemic is changing everything, including Americans' relationship with money. As people are forced to curtail everyday activities due to the pandemic, many have gotten a taste of...

Foreclosures fall in July but starts rise in five states: Attom
With the moratorium still in place, mortgage foreclosure activity fell 83% in July compared to the year before and 4% from June, according to Attom Data Solutions. This downward trend falls in...

New Refinancing Fee Could Roil Mortgage Market
The Federal Housing Finance Agency has announced a new mortgage refinancing fee that could cost homeowners about $1,500 extra on a $300,000 loan. The fee will apply to loans delivered to Fannie Mae...

Lending Giant Rolls Out 1.99% Mortgage Rate
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox , Chrome , or Edge . August...

The trouble ahead for commercial mortgages
As forbearances and government other relief efforts come to an end over the next few weeks and months, many a commercial mortgage borrower will face a reckoning. Until now, delinquencies in the...

Your Mortgage Refinance Could Costs Thousands More Thanks To New Fee
Refinancing is set to get more expensive this fall. A new fee, known as the “adverse market refinance fee” (Fannie Mae) or the “market condition credit fee” (Freddie Mac), will be assessed to most...

Questions to ask before buying a vacation home
If you’re weighing the pros and cons of buying a vacation home , you’re not alone. As of May 2020, second-home buyers and investors accounted for 14 percent of home sales, according to the National...

Mortgage rates soar as investors become less pessimistic
Mortgage rates increased by 8 basis points this week as investor pessimism over the economy and the continued spread of the coronavirus lifted slightly, according to Freddie Mac. Still, the 30-year...

Mortgage refinancing will be 0.5% more expensive, Fannie Mae and Freddie Mac to raise fees
If you're looking to refinance your home during the pandemic, it'll soon cost you more. Fannie Mae and Freddie Mac announced a new fee of 0.5% to protect themselves from losses on their refinanced...