RESIDENTIAL & COMMERCIAL SERVICES | North Carolina

Featured Story

Wire Fraud Alert
Local CRE Trends

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


The Latest Articles From the FNF Newsdesk:

PayPal To Launch A More Stable Crypto…And Other Small Business Tech News This Week
Here are five things in technology that happened this past week and how they affect your business. Did you miss them? 1 —PayPal is inching closer to launching its very own stablecoin.   PayPal...

Today’s Policy Prescriptions May Prolong The Inflation Problem
The Fed (Powell) says the economy is strong and has signaled several rate hikes beginning in March. The data (and the Fed’s own Beige Book) say otherwise. But this politicized Fed appears to have no...

Home Sales Post Largest Monthly Decline Since Pandemic Onset
Fewer homes than ever were for sale in December, driving seasonally-adjusted home sales down 3.6%, according to a new report from Redfin, the technology-powered real estate brokerage. This marks the...

Housing Affordability Conditions Slightly Weaken in November
At the national level, housing affordability slightly fell in November compared to the previous month according to NAR's Housing Affordability Index. Compared to the prior month, the monthly mortgage...

Mortgage rate deals for week ending Jan. 15, 2022: Top offers from lenders
The mortgage offers marketed on Bankrate.com grew less generous in the past week. The average rate on mortgages clicked on by Bankrate readers Thursday rose to 2.93 percent from 2.84 percent the...

Mortgage Rates Post Big Jump This Week
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. January 14, 2022 Inflation continues to press on...

‘Foreclosure Tsunami’ Fears Unfounded, New Data Shows
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. January 14, 2022 With moratoriums in place,...

Automaker Brands Luxury Condo Building
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. January 14, 2022 Automakers are taking advantage of...

Lumber volatility hits 75-year high as inflation soars
Lumber prices are lower than they were at their peak during the pandemic; but the volatility associated with them is the highest it’s been in at least three-quarters of a century. Not only did the...

Baltimore prosecutor Marilyn Mosby denies federal charges over her finances
Marilyn Mosby is maintaining her innocence a day after a federal indictment was filed, accusing the Baltimore state's attorney of perjury and other crimes. On Thursday, the U.S. Attorney's Office in...