Be alert to an email scam in which a hacker breaks into the email account of real estate practitioners or closing professionals and learns key transaction information like account numbers and then bilks the transaction of money. That's one of the featured segments in The Voice for Real Estate for the week of May 25, 2015. In other segments, NAR seeks an enforcement grace period for upcoming changes to the closing process and April 2015 home sales ease for the month but stay strong for the year. Also, NAR wants the Rural Housing Service to allow direct-endorsement loans to speed mortgage application processing.
- NAR seeks HUD-1 enforcement grace period
- April home sales ease but stay strong for year
- Sophisticated email scams hit home sales