As we kick off the spring selling season, many of our clients are thinking about buying or selling a home.
Completing the purchase or sale is one of the most exciting moments in that process. After you sign all the closing documents, money is transferred from the buyer to the seller, and buyers receive the keys to the new home.
Unfortunately, criminal hackers have found a way to insert themselves into the process and ruin it for everyone. While identity theft is always a risk, the latest development specifically targets real estate closings. Hackers are successfully accessing the email accounts and document management systems of Mortgage Lenders, Title Companies and Real Estate agents across the country with the intent to commit wire fraud.
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