Educate your home buyers and sellers about mortgage closing scams (aka wire fraud schemes) with this NEW informational advisory brochure from the National Association of REALTORS® and the American Land Title Association.
Real estate mortgage closing scams are one of the top five wire fraud schemes according to the Internet Crime Complaint Center, accounting for $150 million in losses in 2018 alone. Every day, hackers are watching for listings in escrow, creating fake email accounts, and sending false wiring instructions to brokers, agents, buyers and sellers alike. Don’t let your clients fall victim to one of these scams! Help educate them today.
This advisory brochure is packed with important information:
- Alerts consumers to the tactics of mortgage closing scammers.
- Provides guidance for confirming wiring instructions.
- Gives step-by-step instructions for what to do if you’re targeted by a scam.
- Helps you stand out as the source for up-to-date, authoritative information on issues that directly impact your clients.
This brochure is designed to help REALTORS® have important conversations with their clients about the risks of mortgage closings scams, and to provide consumers with critical information they need to help protect their clients from the risks of mortgage closing scams when purchasing a home.135-143-1