Real
estate fraud continues to be a scourge that plagues the real estate industry in general.
Not exact matches
Cuomo has made a number of public appearances across the state,
continuing to promote economic development efforts, just as he did before U.S. Attorney Preet Bharara charged several of Cuomo's former close associates and two major real
estate developers with bribery and
fraud in connection with the Buffalo Billion and other projects.
The government has been talking and will
continue to talk with stakeholders about measures that might be useful to ensure that the change does not increase the risks of real
estate fraud.
We
continue to see attempted
frauds involving debt collections, and we also
continue to see real
estate frauds as well (more ID theft now, as flip
frauds are harder in a slower market when property values are not rising).
To further combat real
estate wire
fraud, NAR
continues collaborating with joint trades (lenders, title companies, etc.).
«During this leadership transition, ALTA will
continue to support CFPB staff to help provide positive and compliant real
estate settlement experiences for consumers and lenders, and serve as a resource on important consumer issues such as wire transfer
fraud, third - party oversight and mortgage disclosures.»
Cyber threats and wire
fraud will persist as long as real
estate professionals
continue performing transactions online, but it's not necessary to resort to the old - fashioned way of doing business just to stay secure.
Warn Your Clients About Cybercrime Email - based wire
fraud continues to be a major threat to real
estate transactions.