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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

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:

Home sales hit 14-year high in 2020, and that pushed prices to record levels
(CNN)Last year brought skyrocketing unemployment and a global pandemic that battered the economy, but people were still buying homes. Existing home sales in 2020 rose to the highest level in 14 years...

Surprise existing-home sales gain caps best year since 2006
Sales of previously owned homes increased unexpectedly in December, capping the best year for the housing market since 2006 as historically low mortgage rates helped power demand. Contract closings...

Current National Mortgage Rates, January 22nd, 2021 – Rates taper off
Multiple closely watched mortgage rates sunk lower today. The average rates on 30-year fixed and 15-year fixed mortgages both decreased. The average rate on 5/1 adjustable-rate mortgages, meanwhile,...

30 Year Interest Rates Today, January 22, 2021 | Rates fall
Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the...

Biden’s Covid Relief Spending Plan: A Harbinger Of The Future
Incoming President Joe Biden has given the nation another glimpse of his economic policy plans. Not too long ago, he outlined his future tax proposals , and just a few days ago, he announced a $1.9...

Low Rates and New Fed Framework Should Help Drive Recovery
It’s clear the U.S. economy has reached a durable bottom. The S&P 500 is up 68% from 2020 lows and GDP rebounded +33.4% in the third quarter. Leading economic indicators provide confidence that the...

Preview of the Fed meeting: 4 key questions puzzling Fed as new coronavirus risks loom
It’s a new year for policymaking at the Federal Reserve, but officials are kicking off their January meeting with many of the same goals as before — and the same worries. The hope is that the...

The Effects Of Marijuana Legalization On American Real Estate
Aviva is the Managing Broker of  Sonenreich & Co , a third-generation commercial real estate broker, owner and investor in Denver, Colorado. When America's real estate history is written, there...

Commercial/Multifamily Mortgage Debt Has Increased for 33 Consecutive Quarters
$ in billions Sources: MBA, Federal Reserve Board of Governors, Trepp LLC, Wells Fargo Securities LLC, Intex Solutions Inc. and FDIC. Look no further than the challenges of 2020 to get a sense of...

Foreclosures fell to record low in 2020 — with a huge asterisk
Despite a deep recession, the U.S. housing market in 2020 set a record for the fewest foreclosures ever. Just 214,323 properties were in some stage of foreclosure last year, well below the previous...