Industry Events

Don Schiller placed five checks in the same post office box, one week apart. Not one made it to its destination.

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.

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.

Lumber falls to fresh 2022 lows as spike in mortgage rates cools housing demand and inflation puts dent in home renovations

The housing market is expected to return to pre-pandemic norms in terms of inventory and the share of purchases made by first-time homebuyers by 2024, according to a panel of housing market experts polled for the Zillow Home Price Expectations Survey.

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.

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).

WEST issued an alert for industry members to be on the lookout for watering hole attacks after an escrow assistant became the victim of one.

Please click the link below to read the Special Report issued by The Legal Description. Cybersecurity

The average interest rates on 30-year and 15-year mortgages are still lower today than they were at any time before the pandemic. So why have so few homeowners refinanced their mortgages in the last year?

BALTIMORE – June 10, 2021 – The Security Title Guarantee Corporation, a strong regional title insurance underwriter committed to being a true partner for its agents spread across the eastern part of the country, is poised for another successful year following its best first quarter ever.

As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do pay: The ransoms may be tax deductible.