Monday, May 7, 2012
The Justice Blog Protect Yourself from Mortgage Fraud
"The distressed condition of the national housing market, paired with
high unemployment, has created a fertile environment for unscrupulous
fraudsters seeking to take advantage of desperate homeowners. Many
homeowners who turn to loan modification or foreclosure “rescue”
companies for help ultimately find that they have been scammed. An
emerging trend in recent months involves mortgage assistance relief
scams. These scams target homeowners with promises to save them from
foreclosure, get them a reverse mortgage, or lower their mortgage
payments—in exchange for an advance or monthly fee. Sadly, many of
these homeowners never get the relief they have been promised. .."Protect Yourself from Mortgage Fraud
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