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A securities expert told an audience at the National Association of Realtors' (NAR's) annual conference that cybercrimes against real estate agents and companies are increasing at a record-setting pace. Robert Siciliano, CEO of Safr.Me, said those crimes, which include transfer fraud and compromised records in real estate transactions, have increased over the past two years. This year, due to poor security systems and neglectful behaviors, the crimes appear to be growing faster than ever. Agent and companies have to defend information from spyware, malware, ransomware and keyloggers. "Equifax's data breach affected 143 million people," Siciliano, who was once a victim of a cybercrime himself, said "So, the bad guys already have your identity. Maybe you have been affected, maybe not, but it
Housing News
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A securities expert told an audience at the National Association of Realtors' (NAR's) annual conference that cybercrimes against real estate agents and companies are increasing at a record-setting pace. Robert Siciliano, CEO of Safr.Me, said those cr... (read more)
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MBS Commentary
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1.90% has been the most important, most dangerous ceiling for 10yr Treasury yields ever since a nasty selling spree stalled out there exactly 2 months ago. We'd been able to avoid an outright confrontation until last week's trade... (read more)
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Rob Chrisman
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Everyone has a different opinion about the economy. “Nobody’s right, if everybody’s wrong” or “Everybody’s right (eventually), if nobody’s wrong.” How many times do we hear, “Even if interest rate... (read more)
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Mortgage Rate Watch
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Mortgage rates launched to their highest levels in more than 3 months yesterday for a variety of reasons. Chief among them was a series of comments from both China and the US about the intent to cancel previously announced tariffs as a part of the ph... (read more)
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Housing News
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Are home price increases cranking up again? The quarterly report from the National Association of Realtors® (NAR) on existing home sales and metropolitan home prices seem to indicate that is the case. NAR says that the overwhelming majority of th... (read more)
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Housing News
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The storm is over, the fires are out, but anyone who has survived a natural disaster, and that is more of us every year, knows that the problems are just beginning. A new report by CoreLogic looks at how a demand surge sparked by rebuilding efforts m... (read more)
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