The growing threat of phishing attacks on the mortgage industry
Housing Wire
APRIL 13, 2022
Michele Buschman, chief information officer at American Pacific Mortgage , said that hackers will insert themselves within a mortgage transaction and pretend to either be a real estate agent, a title escrow company, or the LO, and send an email asking the borrower for a wire transfer, or will send them a link that needs to be clicked on.
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