Don’t Let This Happen To You…

Good morning!

We had something happen this week, and I wanted to share it with you as a cautionary tale.

I had a borrower that was about to close on their purchase loan.

The title company contacted her about where to send the money.

…except it wasn’t the real title company.  It was a fraudulent crook acting like the title company.

She ended up wiring the crook $24,000.

The FBI is involved and it’s a big thing…

This sort of thing is a problem in our industry right now.  If you are going to wire money make double sure it’s going to the right place.  …Or, you might just want to bring a cashier’s check instead of a wire.

That’s it for today!

Thanks for reading!

Brett