CFPB IS TALKING MORTGAGE CLOSING SCAMS

How To Protect Yourself And Your Closing Funds

The subtitle of this alert says it all: “How to protect yourself and your closing funds.” The agency emphasis is on a sophisticated phishing scam going around. If anyone’s money gets lost in a transaction, the losers will sue everyone anywhere near the transaction.

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This article written June 3rd would be an outstanding alert to give to all your clients beforehand. Make it a Facebook Post, put it on your blog, email and hand it to clients, and be proactive. This alert and many more from CFPB are available from CFPB Blog.

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