Multifamily Housing Down in 2021 but Will Rebound in 2022

Regulatory and supply-side challenges coupled with slowing rent growth and rising vacancy rates will weaken the multifamily construction market in 2021. However, the development market should stabilize by 2022, according to economists from the National Association of Home Builders (NAHB). “Though the multifamily sector is performing much better than nonresidential construction, developers are facing stiff

Posted in Industry News | Comments Off on Multifamily Housing Down in 2021 but Will Rebound in 2022

What Is Business Email Compromise?

Business email compromise (BEC) is one of the most financially damaging online crimes. It exploits the fact that so many on email to conduct business. The FBI reported losses due to BEC totaled $1.7 billion in 2019. Data for 2020 is expected to be released in March. In a BEC scam, criminals send an email

Posted in Industry News | Comments Off on What Is Business Email Compromise?

Stay Vigilant Against Business Email Compromise, Phishing Emails

The combination of a global pandemic coupled with a world full of remote workers led to a 660 percent increase in phishing attempts since March 1, 2020, according to ID Agent. Like title and settlement companies, email from ALTA staff can be spoofed. As a reminder, ALTA will never ask for personal information. Do not

Posted in Industry News | Comments Off on Stay Vigilant Against Business Email Compromise, Phishing Emails

ALTA Member Profile: From Bartender to Innovative Title Company Owner

Mo Choumil | Founder/CEO | ATG Title How long have you been in the title industry and how did you get started in this profession? It’s been 27 years already! I actually started as an abstractor back in 1993, but kept my focus sharp and decided to take the proverbial plunge and launch a title

Posted in Industry News | Comments Off on ALTA Member Profile: From Bartender to Innovative Title Company Owner