NJ Department of Banking and Insurance issues a bulletin warning of wire fraud.
The link below will take you to a copy of the bulletin recently issued by the New Jersey Department of Banking and Insurance. Wire fraud in real estate transactions, especially those where a mortgage is involved, but not exclusively, continues to be a concern for all title insurance and settlement professionals.
We take your security and the integrity of our transactions very seriously and we want our customers to be aware of the dangers that exist. Please take some time to read this bulletin and share it with friends, family, and colleagues.