Mortgage Scams Identity Theft News - Mon Nov 14, 2011

Mortgage Scams in a Weak Housing Market Wall Street Journal A middleman buys the property at the lower price, then turns around and resells the property to a legitimate buyer at a higher price—often on the same day—according to a recent Federal Bureau of Investigation report on mortgage fraud. ...

Jackson homeowner running out of hope Jackson Clarion Ledger This is a bad idea because consumers may not find out until it's too late that the scammer has done nothing for him/her; that the mortgage company was willing to modify the loan, or even that foreclosure is just days away. •Some scammers offer to ...

Mortgage Scams in a Weak Housing Market | Profit Scam By AMY HOAK Fraudsters will always finds ways to scam lenders and homeowners. And in recent years, they've shifted their tactics to profit from the.

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