CertifID Wire Fraud Advisory: Cash-out mortgage refinances are targets of new wire transfer fraud
United States – 12-26-2017 (PRDistribution.com) — Cyber criminals are impersonating borrowers and lenders to divert wire transfers in cash-out mortgage refinance transactions. CertifID, the real-time identity verification platform for real estate, is issuing a national fraud alert to all parties involved in a mortgage refinance transactions. Historically low interest rates…