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How fraudsters target mortgage lending

Across business and finance, dealing with cyber threats has become a regular part of life. Two years ago, researchers at Cybersecurity Ventures predicted that a new ransomware attack would occur every 11 seconds.

The growing threat of phishing attacks on the mortgage industry

Loan officers and mortgage executives alike continue to click on links in seemingly routine emails, ultimately giving bad actors complete access to lenders’ systems and mortgage transactions. Such mistakes can cost companies millions of dollars and expose sensitive data from millions of customers.

Home prices gains hit a record high

Home prices climbed 16 percent year-over-year in February to an all-time high of $389,500 as the number of homes for sale fell to a new low, according to a Redfin report. The lack of inventory is holding back home sales, which were down 4 percent month-over-month, according to Redfin.