Hot Topics

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.

Cyber Losses Hit $6.9B in 2021

America experienced an unprecedented increase in cyberattacks and malicious cyber activity as U.S. consumers lost $6.9 billion to internet crime in 2021, according to the latest report from the FBI’s Internet Crime Complaint Center (IC3).