Friday, March 9, 2012

Mortgage Scams Identity Theft - Fri Mar 9, 2012


Beware of mortgage rescue scams masquerading as new federal programs
ConsumerReports.org
Home loan modification scams may appear to be help from one of the new foreclosure assistance programs recently announced by the federal government, but don't be fooled. NeighborWorks America is reminding homeowners to be wary of such scams as National ...
Homeowners Warned of Mortgage Settlement, Upfront-Fee Scams
eCreditDaily.com
A month ago, federal and state officials announced the $25 billion mortgage settlement with the nation's top five lenders to resolve issues of shoddy foreclosure processing – and it didn't take long for scammers to find a new hook.
$25B mortgage settlement to be filed in court today
Detroit Free Press
By Greta Guest The $25-billion mortgage settlement with five large banks most culpable in the housing meltdown is expected to be filed this afternoon in US District Court in Washington, DC, said US Housing and Urban Development Secretary Shaun Donovan.
Fraud-Day
St. Augustine Record (blog)
There is no legitimate way to promise any particular outcome with respect to defaulted and under-water mortgages (mortgages in which the amounts owed cost more than the houses are now worth). 3. Avoid businesses that ask for up-front charges for loan ...
BLOG: Long Island Now: Home Mortgage Safety Seminar Set in Elmont
LoanSafe
Jack M. Martins (R-Mineola) will sponsor a home mortgage safety seminar in Elmont on Saturday to address issues regarding refinancing, predatory loans, loan modification issues, foreclosure safety scams and attaining a mortgage.
Help for homeowners at Cashman Center event
KTNV Las Vegas
The event hopes to help people lower mortgage payments, reduce loan balances, eliminate second mortgages, avoid foreclosures and stay away from scams. Organizers also plan to teach homeowners about short sales and help military members make the right ...


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