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Wire Fraud Alert

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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 Golden State of California is the most populous and third largest state in the United States. It is home to over 39 million residents, with the two major cities of Los Angeles and San Diego, and eight metropolitan areas, this region stretches from San Luis Obispo County to the U.S.-Mexican border, and from the Pacific Ocean to the Nevada-Arizona border. A major hub for entertainment, big business and tourism, California features some of the most highly coveted coastal homes and dynamic properties in the world.

California is also home to Chicago Title Sacramento, one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Sacramento serves the residential real estate industry in California. Our offices are strategically located throughout Sacramento, and includes teams that live and work in 12 offices located in: Folsom, Citrus Heights, Concord, El Dorado Hills, Elk Grove, Roseville, Rancho Cordova, and Sacramento. Our California-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 attorneys that work alongside them.

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 FNF Newsdesk:

Today’s Mortgage Rates: September 15, 2021—No Movement On Mortgage Rates
For anyone in the market to buy or refinance a home, it’s a good time to lock in a low rate. Mortgage rates remained unchanged today, keeping rates at historical lows. The average rate on a 30-year...

Fannie, Freddie cap suspension leaves questions for mortgage lenders
There remains a level of uncertainty for lenders and the secondary market following the Federal Housing Finance Agency decision to suspend the riskier loan purchase caps on government-sponsored...

SunTrust Bank, Now Truist, CD Rates: September 2021
SunTrust Bank, now Truist Bank, features four Personal Certificates of Deposit (CD), ranging from six months to 24 months, on its website. These are promotional CDs that you can open online. There...

Bidding Wars Reach Their Lowest Level This Year
Competition for homes on the market is lessening, which could provide an opening for home buyers who have been losing out amid this year’s bidding wars. In August, about 59% of offers on homes...

Equity Offers Cushion for Troubled Borrowers
About 1.62 million borrowers are still in pandemic-related forbearance programs. As these programs expire, a foreclosure crisis is unlikely because about 98% of struggling borrowers have built at...

FHFA proposes modification of capital rules for Fannie and Freddie
WASHINGTON — The Federal Housing Finance Agency is proposing to revise the post-conservatorship capital framework for Fannie Mae and Freddie Mac that was finalized under the Trump administration in...

Latest mortgage rates: A retreat for rates extends refinancing opportunity
Mortgage rates fell a bit this week and remain near record lows. The average rate on 30-year mortgages ticked down to 3.03 percent from 3.05 percent last week, according to Bankrate’s weekly survey...

Candidate to head FHFA favors turning Fannie, Freddie into utilities
WASHINGTON — Rumors circulating this week about a potential nominee to head the Federal Housing Finance Agency could offer key insight into how the Biden administration envisions the future of the...

14 first-time homebuyer mistakes to avoid
Buying your first home comes with many big decisions, and it can be as scary as it is exciting. It’s easy to get swept up in the whirlwind of home shopping and make mistakes that could leave you with...

Multifamily Investment Conditions Improve: Freddie Mac
Photo by Skull Kat on Unsplash It may be easier this year than last year to find attractive multifamily investment opportunities, according to a new index reading by Freddie Mac that saw its...