this post was submitted on 11 Nov 2024
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Instead of celebrating a closing, some US home buyers lost everything.

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[–] [email protected] 53 points 4 days ago (10 children)

Insert Nigerian scam joke here.

"To seize large down payments on homes, Ayeni and co-conspirators sent phishing emails to US title companies, real estate agents, and real estate attorneys."

How are these professionals not ultimately responsible in making the consumer, who seems to have done nothing wrong but trust state licensed companies and real estate individuals, whole?

[–] [email protected] 9 points 4 days ago

Title companies are wildly insecure in regards to modern practices, and the entire real estate industry has absolved themselves of any wrongdoing via lobbying.

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