Wednesday, December 14, 2011

Mortgage Scam Identity Theft News - Wed Dec 14, 2011


New government mortgage program brings out scammers
Macon Telegraph (blog)
... banks and mortgage companies aren't the only ones gearing up for the rush of applications. Whenever there is a new or updated government program that may be a bit confusing, scammerscome out of the woodwork to take advantage of that confusion. ...
Two arrested in fraud scheme
Youngstown Vindicator
He warned that people need to examine the common-sense nature of scams. “If people are behind on their mortgage, they're going to owe a lot more than just $120,” he said. Melfi said if people ask for money, seek legal advice first. ...
How Foreclosure Scammers Trick Homeowners Out Of Their Cash
RealtyBizNews
The most common of these scams is known as the “phantom help scam”, in which a fraudulent company will ask for money in order to have your loan refinanced. Some more brazen operators may even request that you send your mortgage payments directly to ...
Indiana fraud victims get compensation from new fund
nwitimes.com
The attorney general's office filed a lawsuit Monday in Lake County against Mortgage Restructuring Solutions Inc., of California. The suit alleges the foreclosure company collected money up front and failed to provide refunds to customers after ...

Mortgage Fraud Blog - 3rd Defendant Sentenced for Mortgage ...
Richard Woods, 54, Nanticoke, Pennsylvania, the third defendant connected to a mortgage fraudscheme, was sentenced by Senior U.S. District Court Judge ...
mortgage scams
Discussion about mortgage scams. Speak your mind about Mortgage Scams and be heard here atscam.com.

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