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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

The Golden State of California is the most populous and third largest state in the United States. It is home to over 39 million residents, with the two major cities of Los Angeles and San Diego, and eight metropolitan areas, this region stretches from San Luis Obispo County to the U.S.-Mexican border, and from the Pacific Ocean to the Nevada-Arizona border. A major hub for entertainment, big business and tourism, California features some of the most highly coveted coastal homes and dynamic properties in the world.

California is also home to Chicago Title Ventura, one of Fidelity National Title Group’s most dynamic title brands and real estate teams. Chicago Title Ventura serves the residential and commercial real estate industry in California. Our offices are strategically located throughout Ventura County, and includes teams that live and work in 4 offices located in: Camarillo, Port Hueneme, Oxnard and Westlake Village. Our California-based professionals work 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.

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:

Wall Street surges after economy adds just 175,000 jobs in April
The Federal Reserve building in Washington, DC, is pictured on January 26, 2022. Joshua Roberts/Reuters/File For the first time in a while, the latest US employment figures came in below economists'...

Markets jump higher after softer-than-expected jobs report fuels hopes of an earlier rate cut
New York CNN  —  US stocks soared higher Friday morning after new data showed that US job growth slowed considerably last month. The blue-chip Dow was higher by 339 points, or 0.9%; the S&P 500...

Looking To Maximize Cloud ROI? Don’t Forget Your People’s Experience
am EDT Driven by ingenuity and ambition, midsize companies are charting new paths to ongoing business growth. Recent research from Oxford Economics, sponsored by SAP, reveals that these...

The Fed’s latest meeting wasn’t just about interest rates. Here’s why you shouldn’t overlook its balance sheet announcement
...financial firms. Consumers have those moves to thank for the historically cheap mortgage rates of the pandemic era. The 30-year fixed rate fell to a record low of 2.93 percent in 2021, Bankrate...

Fed Keeps Interest Rates Frozen: What Another Pause Means for Your Credit Cards
If you think the Federal Reserve is starting to sound like a broken record, you’re not alone. For the sixth time, the Fed voted Wednesday to maintain current interest rates. The federal benchmark...

Help! My Bank Failed. Now What?
...out money -- a cycle that eventually dooms the institution. However, the FDIC pointed out that the bank also failed “to mitigate interest rate risk.” When the Federal Reserve started hiking rates...

Sell in May and go away? Think again
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the...

An Economic Firestorm Is Gathering Force—Here Are The Indicators
The places to look for real trouble ahead this year and next are not the numerous inflation indexes, such as the CPI or even measures of economic health, most notably GDP. Instead, this segment of...

Fight Against Inflation, Market Correction At Heart Of VC Slowdown
am EDT The venture capital data out of Q1 affirmed the slowdown felt by investors and entrepreneurs: a 7-year-low funding slide, a frosty exit landscape pummeling private market valuations and the...

Real Estate's Impact on the Economy by the Numbers: A State-by-State Analysis
...sector is a significant contributor to gross domestic product (GDP) through construction, home sales, and renovations. While these activities require labor and materials, they also stimulate...