How to Beware of Reverse Mortgage Scams.. In a foreclosure rescue scam, the perpetrator will identify seniors who are at risk of losing their homes due to foreclosure. The perpetrator will convince the senior citizen to obtain a reverse mortgage to save the property but will then inform the.
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"Rescue" scams come in many disguises. Some foreclosure-related scams to beware of: The scam artist (sometimes posing as an attorney) tells you that he/she can negotiate a deal with your lender to save your home – if you pay a fee. Once you pay, the scam artist takes off with your money.
Foreclosure rescue and mortgage modification scams are a growing problem that could cost you thousands of dollars – or even your home. Scammers often make promises that they can’t keep, such as guaranteeing to "save" your home or lower your mortgage, usually for a fee, often pretending that they have direct contact with your mortgage servicer.
Beware of loan modification and foreclosure rescue scams. mortgage rescue scammers falsely claim that they can obtain a loan modification or other relief to avoid foreclosure. Some may pretend to be affiliated with a government agency or a housing assistance program. Others falsely claim to provide legal representation, “predatory lending.
With 2007s subprime mortgage mess and escalating foreclosures, theres a lot of desperation out there among some homeowners. Theres also no shortage of shady characters hoping to get rich off this.
A New York couple’s luxurious vacation house in Florida has been taken over by dozens of black vultures that are vomiting and defecating everywhere.
That’s a claim Puzon called "untrue" in a response letter to the Florida Bar about. In 2011, the FTC’s Mortgage Assistance Relief Services (MARS) rule took effect. It was designed to protect.
Sant, 37, of Lecanto, Florida, pleaded guilty today to conspiracy charges in connection with their operation of a nationwide online foreclosure rescue scam that went by various. Assistant Director.
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