Sunday, June 3, 2012

Mortgage Scam Identity Theft - Sun Jun 3, 2012


BBB Tip of the Week: Mortgage audit
The Spokesman Review
According to the Federal Trade Commission, forensic mortgage auditing (marketed as saving consumers from foreclosure) is a scam. The letter from ATM specifically states that this is “NOT an offer to prevent or rescue you from foreclosure nor is this a ...
With rates low, think about refinancing a mortgage
Philadelphia Inquirer
He also covers some of the scams to watch out for in the refinancing world. http://bit.ly/JRFfC4 The refinancing page at Bankrate.com gives an overview of mortgage and refinancing rates and has calculators to help you decide whether refinancing is a ...
Worried About Foreclosure? Beware Of Foreclosure Related Rip-Offs
RealtyBizNews
But that is exactly what happens to many borrowers who are desperate for help in dealing with their mortgage lenderMortgage Fraud Blog is reporting the case of one such company, working in Ohio, called Diversified Real Estate Consultants LLC (DREC).

STATE: Legislature passes bills in California Homeowner Bill of Rights package
Lake County News
The Mortgage Fraud Strike Force established by the attorney general has been investigating and prosecuting a wide range of crimes related to mortgages, foreclosures and real estate. "California was the epicenter of the mortgage and foreclosure crisis ...


Where Are Eric Schneiderman's Resources Going to Come From?
The Nation. (blog)
The Department of Justice asked for a $55 million funding increase for “investigating and prosecuting financial and mortgage fraud” in its Fiscal Year 2013 budget request. We noted last month that the House did not include this money in the ...



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