Saturday, June 9, 2012

Mortgage Scams Identity Theft - Sat Jun 9, 2012

AG McKenna Warns Consumers That Loan Modification Scams Are Increasing
LoanSafe
During the crisis, which Engel calls the worst thing she's ever experienced, she also lost $2500 to a common scam: an offer to help modify her loan for an upfront fee. “Offers of mortgage help for a fee exploit people in their darkest hours,” said ...




Loan scams target US soldiers
CBS News
(MoneyWatch) The plunge in US housing prices that followed the financial crisis left millions of homeowners desperate for mortgage relief -- and vulnerable to beingscammed. Among the targets of this fraud: US military personnel.

Torraco Runs For State's Attorney
Patch.com
John Torraco says he will focus more on prosecuting pill mills, corruption, mortgage fraud and scams targeting seniors. By Charles Schelle Sarasota attorney John Torraco has announced his candidacy for the office of State Attorney for the Twelfth ...
Home Buying Strategies For Bank Owned Properties That Help First-Time Buyers
PR Web (press release)
... by the lender as a result of the previous owner defaulting on the mortgage loan. Home Destination's owner, Jenna Thuening, is a Certified Distressed Property Expert and RE/MAX Results agent, who helps buyers gain deals and avoid foreclosure scams.

Debt Collectors Confess To Defrauding Bank That Receives TARP Funds
Huffington Post
It's rare that SIGTARP deal with cases involving debt collection agencies, as bailout watchdog's inquiries generally focus on mortgage modification scams, bank fraudfraud committed against banks receiving TARP money and securities fraud like Ponzi ...
National Mortgage Relief Experts, Featured on ABC and Good Morning America ...
PR Web (press release)
Program HR3648, a nationwide program which offers free short sale solutions, mortgage debt relief services, and mortgage relief assistance to help thousands of distressed homeowners avoid foreclosure, unveils short sale success secrets and foreclosure ...
Ariz. AG alleges mortgage payment scheme
Legal News Line
BY BRYAN COHEN PHOENIX (Legal Newsline) - Arizona Attorney General Tom Horne filed a lawsuit on Friday against a woman who allegedly defrauded homeowners seeking aid in obtaining mortgage modifications to save their homes from foreclosure.


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