Allegiant Reverse Services sees uptick in mortgage wire fraud attempts

Allegiant Reverse Services sees uptick in mortgage wire fraud attempts
Across the mortgage lending space, wire fraud attempts are on the rise as hackers become increasingly sophisticated in their methods of deception. Reverse mortgage title company Allegiant Reverse Services said it has spotted multiple incidents where a scammer poses as a HECM borrower requesting a wire transfer.
Source: https://www.housingwire.com/rss