Wednesday, March 14, 2012

Mortgage Scams Identity Theft - Wed Mar 14, 2012


Beware of Mortgage Settlement Scams
MarketWatch (press release)
While the landmark $25 billion National Mortgage Settlement was just announced last month,scammers have wasted no time capitalizing on the vulnerability of desperate homeowners. The settlement with the nation's five largest mortgage servicers was ..
Beware of Mortgage Settlement Scams
Yahoo! Contributors Network
HOUSTON, March 14, 2012 /PRNewswire-USNewswire/ -- While the landmark $25 billion National Mortgage Settlement was just announced last month, scammers have wasted no time capitalizing on the vulnerability of desperate homeowners.

Feds, Lenders Make $25 Billion Mortgage Settlement Official
Reuters
At the very least, this portion of the mortgage settlement will prevent homeowners from falling prey to scams. Related Resources: Signed, Sealed, Delivered: Mortgage Settlement Actually Filed (Wall Street Journal) National Mortgage Settlement Documents ...
JOBS Act Will Open Door to Investment Scams
Forbes
Does anyone remember mortgage security derivatives and credit-default swaps? They were virtual licenses to print money for Wall Street. Yet those products had some regulation and oversight and authorities still missed one of the biggest scams of all ...



Mitigating the Occurrence of Mortgage Fraud Activities - National ...
As servicing fraud schemes rise in which scammers are taking advantage of distressed borrowers, it is important for lenders to step up their efforts in detecting ... 


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