Thursday, May 3, 2012

Mortgage Scams Identity Theft - Thu May 3, 2012


The Most Common Types Of Consumer Fraud
San Francisco Chronicle
Mortgage Fraud Just last year, the FBI opened 599 mortgage fraud cases and had 1089 mortgage fraud convictions. Still, the agency had 2590 pending mortgage fraud investigations at year end. Today's mortgage scams are often aimed at distressed ...
State Moves Forward With Mortgage Settlements
LoanSafe
(MCT) — Five more banks are on deck with the state and federal officials who negotiated the recent $25 billion settlement over mortgage fraud and abuse. “We're already negotiating with another set of banks, the next group, so we should be able to ...
Mortgage Programs Target Many, Help Few
Fox Business
That's the number of federal loan modification programs currently in place, each one targeting financially stressed homeowners to help them stay current on their mortgage payments and avoid foreclosure. Fourteen is also a rough estimate of the number ...
Be alert for scams and shady dealing
Ottawa Citizen
By Ted Rechtshaffen, Financial Post May 2, 2012 3:29 PM The reality is that these scams are as old as time, and are going on right now. There are also ways to avoid them. Here is how: 1 "We truly, truly believed this man.


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