Page 1 of 1

How To Beware Of Mortgage Wire Fraud During Closing

Published 3 months ago

It’s easy to assume you’ll never fall for a scam. Unfortunately, the truth is that mortgage wire scams are much more common than many people want to believe. Reports of mortgage wire fraud attempts rose 1,100% between 2015 and 2017, according to data from the Federal Trade Commission. In 2017 alone, consumers lost over $1 billion in real estate transaction costs to scammers.

Need a copy?

Download PDF