Friday, December 13, 2019 / by Vanessa Saunders
Once upon a time, you could count the number and types of crypto-currency on one hand. That is no longer possible. The market for crypto - Bitcoins, Altcoins and tokens has grown in leaps and bounds. Besides Bitcoin, the "brand name" in crypto currency, there is LiteCoin, PotCoin (I think I know where they're going with that one), TitCoin (I have no idea where they're going with that one but their logo gives me a hint), NXT, MEM, ConYeCoin (as in a certain rap star) and DogeCoin, pronounced "Doggie-Coin."
The newest "coin" on the market and available online is called HoweyCoin. According to the HoweyCoin website, most travel businesses “require processing, centralized currency, and most importantly, nickel and dime fees that add up to literally billions.”
HoweyCoin is different, the site says, because:
“HoweyCoins utilize the latest crypto-technology to allow travelers to purchase all segments without these limitations, allowing HoweyCoin users to buy, sell ...
Monday, November 4, 2019 / by Vanessa Saunders
It is estimated that one in five residential loan applications for buying a Hudson Valley home commit mortgage fraud. According to a CoreLogic study, income fraud ? "misrepresenting the existence, continuance, source or amount of income used to qualify for a mortgage" ? was the most common type of fraud the company saw in residential loan applications it reviewed from 2017 to 2018, at more than 22 percent.
Mortgage fraud carries a penalty of up to 30 years in jail or $1 million in fines, and most people think it's a crime committed by a lender. All it takes is a little white lie on a mortgage application to put a potentially put a borrower in big trouble.
Here are five common forms of mortgage fraud, in case you're one of worried about getting a knock on your door.
1. Inflating your declared income.
If you're dying for a certain home but it's just a little out of your budget, it may be tempting to fudge your income to qualify for a larger loan. This is especia ...
Friday, October 18, 2019 / by Vanessa Saunders
"We don't want to be treated like children." said industry big-wigs Gary Gold, executive vice president at Hilton & Hyland, and Mauricio Umansky, founder of The Agency. Their complaint was expressed at Inman News's Luxury Real Estate Connect convention in Beverly Hills, and alludes to an ongoing policy debate about off-market and "pocket" listings.
To those non-REALTORS® in the audience, off-market and "pocket" listings are illegal practices committed by unscrupulous REALTORS® to help them sell properties listed by them to their own buyers, denying access to other agents in order to get a commission from both sides of the deal.
Apparently, Gary and Maury want to have them.
Really guys? Then if you don't want to be treated like children, stop acting like them. Keeping pocket listings is both a disservice to your sellers and to your REALTOR® colleagues. You are not acting in the best interest of your sellers, as you are sworn to do. Don't you remember tha ...
Thursday, July 11, 2019 / by Vanessa Saunders
(This isn't just about real estate but it's damn fine information for anyone, REALTOR®, buyer, seller or anyone with access to social media and the Internet.)
Why do hackers do it? Why do they spend hours trying to break into corporate and government computers? Because breaking into a computer system is like getting the keys to the corporate kingdom, gaining trust and access.
These are not nice people.They are not just some teenager sitting in his bedroom in his pajamas, clicking around on a lap-top. More likely, they are foreign nationals in a concrete office building, surrounded by other hackers pounding away at your security system to plant malware, get passwords and banking information and encrypting entire systems to sell for ransom. Their targets range from small businesses and individuals, to the computer systems of entire cities, which happened to Baltimore and Philadelphia recently.
So how in the heck do hackers get your company info to target an at ...