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Wire Fraud

In this video, Rob Mildish, Compliance and Risk Officer at Northpoint Mortgage, discusses the growing issue of wire fraud in the real estate industry. Cybercriminals are increasingly targeting home buyers and sellers, impersonating settlement agents, real estate agents, or lenders to trick people into sending money to fraudulent accounts. Rob explains how Northpoint Mortgage is taking strong measures to protect your funds, including encrypted email, multifactor authentication, and wire confirmation controls. However, staying vigilant is key. Learn simple tips to protect yourself, like verifying wire instructions independently and being cautious of last-minute changes. Your safety is our priority, and we're here to help you every step of the way. Don't forget to like, comment, and subscribe for more essential home buying tips!