Saturday, April 7, 2012

Mortgage Scams Identity Theft - Sat Apr 7, 2012


Hispanics Targeted in Mortgage Scams
KLAS-TV
"What these companies were doing was offering loan modification and foreclosure relief service without delivering on any of what they were promising to provide," said Fight Fraud Task Force Chairperson Elisabeth Daniels. "Although (scams are) going ...
Feds warn drivers about auto loan modification scams
CNN
By Todd Sperry, CNN Senior Producer Washington (CNN) -- After years of focusing on home mortgage scams, the Federal Trade Commission is turning its sights on what it calls bogus auto loan modifications. The FTC says fraud artists are moving from ...
Feds crack down on mortgage relief scam
ABC15.com (KNXV-TV)
As part of the FTC's crackdown on mortgage relief scams like this, the government filed a complaint against the company's owner, Sameer Lakhany, and five California-based companies he controlled. The FTC found that these companies took more than $1 ...

FBI Sees Mortgage Fraud Morph into Rescue Schemes
Mortgage Daily
With tighter lending standards in the wake of the housing meltdown, mortgage fraud has morphed into "schemes aimed at distressed homeowners, such as loan modification scams and phony foreclosure rescues," said Mueller, who became the FBI's top cop on ...
Action by FTC Leads to a Court Order As a Result of Foreclosure Relief Scams
LoanSafe
The Order against Samuel Paul Bain, US Homeowners Relief, Inc., and two other companies, is the latest development in a series of actions the FTC has taken against scams targeting homeowners behind on their mortgages or facing foreclosure.
50 people charged in fraud investigation
Minnesota Public Radio
by Jessica Mador, Minnesota Public Radio MINNEAPOLIS — Hennepin County prosecutors have charged more than 50 individuals and companies with mortgage fraud and racketeering in cases involving 500 homes and more than $125 million in fraudulent loans, ...
How to avoid revocable living trust cons and other tax scams
Washington Post
There are a number of them, but the most common is the “deed of trust” — the mortgage document you sign when you get a home loan. There are also “testamentary trusts” which is spelled out in your Last Will and Testament and comes into existence when ...
Property scam case back in court
Escanaba Daily Press
He is also being investigated for alleged scams in Menominee County and violations of state building codes relating to a partially-constructed home in Rapid River. The two criminal cases in Delta County - involving three felony counts of larceny by ...
HARP's Impact on Prepayment Speeds; Watch for Property Deed...
Mortgage News Daily
Last week the California Department of Real Estate (DRE) issued a warning about property deed scams, which are apparently on the rise thanks to the depressed economic climate. The Consumer Alert that DRE released notified homeowners of a number of red ...


Identity-Theft-Answers.com providing comprehensive answers for you and your family on issues regarding Identity Theft.

Website: http://www.identity-theft-answers.com

Follow us on Twitter: idtheftanswers

No comments:

Post a Comment