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
Global bond sell-off deepens, sending borrowing costs higher around the world New York — The US 30-year Treasury yield rose as high as 5.45% Thursday morning, its highest level since 2004, extending a recent sell-off that’s seen yields climb around the globe. Bond yields...
10-year Treasury yield hits 5.1% for first time in 19 years New York — US bond yields surged Wednesday to reclaim their highest levels in nearly two decades after new data depicted strong business activity and intensifying inflation concerns. The key...