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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

Chicago is home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams, Chicago Title Metro. Chicago Title Metro serves the residential and commercial real estate industry in the Chicago Metro area with 31 offices.

Our team works 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. In addition to our commitment to the residents of Northern Illinois, 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 FNF Newsdesk:

Markets Look To Close Out A Strong Q1
Key Takeaways Can Stocks Keep Going? Apple, Microsoft And Tesla Leading The Charge PCE Shows Inflation May Be Slowing It has been an interesting quarter for stocks. Since the end of December, the...

The Fate of Student Loan Debt Will Impact Multifamily, Retail, Hospitality
Uncertainty surrounds the Biden relief plan, which faces challenges in court. Students, universities, and...

Economists Say Things Aren’t as Bad as They Expected But That Will Change
More than half of NABE members polled by the organization expect a recession in 2023. The latest economic policy survey of 217 National Association of Business Economics...

High-risk investments to avoid in 2023
While the Standard & Poor’s 500 Index got off to a nice start in 2023, it hasn’t exactly blown away investors since then, especially after a miserable performance in 2022. Many market watchers think...

Mortgage rates fall for the third week in a row
Washington, DC CNN — Homebuyers saw another week of falling mortgage rates, with the average rate dropping last week for the third week in a row, according to data from Freddie Mac released...

2023 second-quarter housing trends: Uncertainty prevails
...gurus. Understandably so, given the combination of rising mortgage interest rates, declining home sales and ongoing inventory and affordability issues. But what do April, May and June have in...

Dow Jumps 200 Points As Lack Of ‘Drama’ Spurs Gains
Topline Major stock indexes rose to multi-week highs early Thursday as a lack of news on the nation’s banking sector proved to be good news for investors. Key Facts The Dow Jones Industrial...

Crypto Price Alert: BlackRock Issues Stark Fed Warning After Huge Bitcoin And Ethereum Boom
Bitcoin BTC , ethereum and other major cryptocurrencies have rocketed higher in the first three months of 2023—. The bitcoin price, following a brutal 2022 crash, has added around 70% as traders...

The US economy grew 2.6% during the fourth quarter, slower than previously estimated
Minneapolis CNN — The US economy grew at a slower pace in the fourth quarter than previously...

Why Commercial Real Estate Could Cause The Next Bank Failures
...lending and contagion—driven this time by small banks and CRE lending. The FDIC can handle individual bank failures. The worry is that we’ll see system-wide contagion revealing risks in other...