Tip of the Month: Protection Against Mortgage Closing Scams

Scammers are increasingly targeting real estate professionals, seeking to compromise their email in order to monitor email correspondences with clients and identify upcoming real estate transactions. You may be impacted during the closing process as scammers send spoofed emails to home buyers – posing as the real estate agent, settlement agent, legal representative or other trusted individuals – with false instructions for wiring closing funds.  Get information about how you can avoid a mortgage phishing scam and what to do if it does happen.