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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

Lassen, Plumas and Shasta Counties in California are home to one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Lassen Plumas serves the residential and commercial real estate industry. Our offices are strategically located throughout Lassen and Plumas Counties, and includes teams that live and work in the area.
 
Our team of professionals 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 these counties, 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 Newsdesk:

How Lenders Can Help Unlock Trapped Equity
am EDT| Jarred Kessler is the CEO of EasyKnock. The housing market has always played a pivotal role in the intricate tapestry of economic development. However, a "trapped equity crisis" threatens...

Five Economic Developments We Hope Won't Unfold
All eyes (and ears) remain focused on the Federal Reserve as interest rates remain the...

The Economy Of Things: A New Business Frontier
am EDT| Max Thake is the cofounder of peaq, a Web3 network powering the Economy of Things. From Bosch (one of our collaborators) to Vodafone, more and more companies are shifting from the Internet...

The private sector added just 89,000 jobs last month, far below expectations
Minneapolis CNN  —  US employers in the private sector added an estimated 89,000 jobs in September, a much lower total than expected and an indication of a sharp pullback in the labor market,...

Fed Execs Signaling Ongoing High Rates
Even as such high-profile economists as Janet Yellen, Paul Krugman, and Larry Summers have been saying that a so-called soft landing — reduction of inflation without a...

Here Are Mortgage Rates for Oct. 4, 2023: Rates Trend Higher
This week, a few major mortgage rates ticked up. If you're in the market for a mortgage, see how your payments might be affected by inflation. A few major mortgage rates increased over the last...

What The Fed Will Be Looking For In October’s Unemployment Report
pm EDT| On Friday October 6, the Employment Situation report for the month of September will be released by the Bureau of Labor Statistics. The Fed will be watching for signs that the job market is...

Dow Tanks To Lowest Level Since May: How Historically High Bond Yields Are Driving Slump
pm EDT| Topline Stocks tanked Tuesday while bond yields soared, again highlighting worries about what high interest rates mean for equities as the Dow and S&P are each on track to notch their...

Will Markets Rebound From A Rocky September?
...prices, core inflation continued to drop to a multi-month low. With the housing market continuing to weaken, that trend is likely to last the rest of the year. That mixture of persistent economic...

Supreme Court May Defund Consumer Financial Protection Bureau—Why Experts Warn Of ‘Chaos’ If That Happens
...the court. Groups representing mortgage bankers, home builders and realtors argued “the housing market could descend into chaos” if lenders and borrowers are left without the guidance CFPB has...