This market is giving some people flashbacks to the S&L crisis
HousingWire Daily
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Is There a Standard to Stop the Wire Fraud?
James Brookley: It's a constantly evolving crime. He says once the email is compromised, all of those players are compromised. So everybody's in on that email and now you've got a widespread problem, he says. Brookley: And it's such a nightmare for the real estate agent, too. The likelihood of you getting the money back is what? 10% to 20%.
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