FTC, Realtors Warn Homebuyers About Mortgage Closing Cost Phishing Scam
By TLTA Staff
July 5, 2017
A little over a year ago, the Federal Trade Commission and the National Association of Realtors issued a warning to people interested in buying a home. Scammers were posing as real estate agents, Realtors and title insurance companies to steal consumers' closing costs.
Well, that was last March, but it appears that scammers are still finding new victims to take advantage of because the FTC and NAR issued a new warning about the closing cost phishing scams.
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Note: Last week, Dateline Austin ran important fraud prevention information from ALTA about protecting your company and your customers.
Read "Beware of Wire Fraud Schemes When Buying a Home" (ALTA) »