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
America’s frozen jobs market could stay on ice due to Iran war US job growth was lackluster last year, but signs of stabilization, if not a rebound, were starting to emerge. Now, a war thousands of miles away not only interrupts that potential progress, but...
US consumer sentiment falls in March as Iran war stokes recession fears The United States is not in a recession, but it may be in a “vibecession.” Despite ticking up for the past three months, the closely watched University of Michigan Consumer Sentiment Index fell...
Americans are growing more worried about the Iran war’s economic effects Washington — America’s economic mood is starting to sour as the US-Israeli war on Iran drags on. Consumer sentiment declined 6% this month to a final reading of 53.3, the University of Michigan...