A mortgage lender we work with often, David Haley, sent this article our way to share with our clients. Definitely a good bit of information to pass along to your friends and family.
"I bet for every person a company has dedicated to stopping cybercrime there are 10 somewhere else trying to perpetrate it. Just yesterday I received an e-mail from a CEO of a mid-size lender to the staff saying, “Today we’ve learned of a new sophisticated email attack that attempts to impersonate our employees that instructs borrowers to wire down payment funds to an account illicitly set up under our name by providing fake account information.The email appears to come from the LO or processor and the wire transfer requests are well-worded, and they closely copy our
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