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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

Michigan is the ninth most populous state in the U.S., and home to one of Chicago Title’s most dynamic residential title teams. Our offices are strategically located throughout The Great Lake State, and include teams that live and work in: Grand Rapids, Rockford, Holland, Cascade, Kalamazoo, St. Joseph, New Buffalo, South Haven, Niles, Dowagiac, Paw Paw and Calhoun County, respectively.

Our Michigan-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. In addition to our commitment to the residents of Michigan, we provide commercial services to investors who help keep our economy strong.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the FNF Newsdesk.


The Latest Articles From the FNF Newsdesk:

Corporate America's earnings recession is over
London (CNN Business)The vast majority of companies in the S&P 500 have reported results from the last three months of 2020, and Wall Street is calling it: The earnings recession has come to an...

Mortgage rates on March 4, 2021: Rates push higher
Today a few notable mortgage rates increased. See what that means for you if you're in the market for a mortgage. A variety of significant mortgage rates boasted increases today. The average...

How to find the best VA lender
For eligible military members, veterans and their spouses, a VA loan is a low-cost financing option that can make it easier to buy a home or refinance a mortgage. This type of loan has some universal...

2021 Michigan first-time homebuyer assistance programs
With downtown energy in Detroit’s comeback story, wine country relaxation in Traverse City and peace in the Upper Peninsula in Marquette, there are plenty of reasons to plant roots in Michigan. Home...

Buyers Are Increasingly Shopping for Multigen Homes
The number of home shoppers buying a multigenerational home since the pandemic has risen to a nine-year high of 15%, according to data from the National Association of REALTORS® dating back to 2012....

Mortgage applications require more time due to Fannie, Freddie change
The freshly overhauled application for government-related home financing, which became mandatory this past Monday, added another 30 to 60 minutes to the process this week, brokers and lenders said....

Doma, once States Title, using SPAC to expand to appraisal, warranty
Title insurer Doma will use some of the proceeds from its special purpose acquisition company merger to move into the adjacent appraisal and home warranty businesses. The company, until recently...

Champion settles with NY AG for misleading reverse mortgage borrowers
New York Attorney General Letitia James settled a motion against Champion Mortgage for allegedly misleading its borrowers in need of assistance. The court documents state Champion — the reverse...

15-year mortgage rate dips in Bankrate’s latest survey
Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the...

30-year fixed-rate mortgage average eases back
The benchmark 30-year fixed-rate mortgage fell this week to 3.16 percent from 3.18 percent, according to Bankrate’s weekly survey of large lenders. A year ago, it was 3.56 percent. Four weeks ago,...