Mortgage Scams Identity Theft - Thu Apr 12, 2012

Reported Mortgage Foreclosure Scams Up Nearly 60 Percent This Year ... ParamusPost.com HOPE™, announced today that reported mortgage foreclosure scams have surged nearly 60 percent this year in the wake of newly launched federal programs. In addition to its free counseling to help avoid foreclosure, HPF also operates a national hotline ...

San Diego homeowners face foreclosure scams Examiner.com About half of the reported scams involve attorneys or individuals claiming to offer specialized “legal services.” Colleen Hernandez, CEO of HPF explained that people facing mortgage foreclosure have a series of decisions to make. Reported Mortgage Foreclosure Scams Up Nearly 60 Percent This Year ... MarketWatch (press release) “Most of these scams involve individuals supposedly offering mortgage foreclosure avoidance assistance that trained HPF counselors provide at no cost. Sadly, with most scams, no meaningful services are ever provided.” Ms. Hernandez said distressed ... The Shmuckler Group Owner Pleads Guilty To Fraud Charges Mortgageorb TSG never facilitated a modification of the mortgages. Shmuckler's guilty plea covers to six counts of wire fraud, each of which carries a maximum penalty of 20 years in prison. Sentencing has been scheduled for June 22. "Shmuckler was also quick to ... Operator of Shmuckler Group Pleads Guilty for Running Fraudulent Loan ... LoanSafe Shmuckler pled guilty today to six counts of wire fraud, each of which carries a maximum penalty of 20 years in prison. Sentencing has been scheduled for June 22, 2012. “Shmuckler pled guilty today to all but guaranteeing mortgage modifications to .. Ind. AG says more coming from foreclosure fund Legal News Line BY BRYAN COHEN INDIANAPOLIS (Legal Newsline) - Indiana Attorney General Greg Zoeller announced on Monday that additional foreclosure rescue fraud victims will receive compensation because of the most recent distribution from the state's Consumer ... The Most Fraudulent States In America: 24/7 Wall St. Huffington Post Other categories included banking and lending scams, as well as scams arising from promises of relief from mortgage debt. The FTC's Bureau of Consumer Protection has focused in the past five years on “last dollar frauds,” such as mortgage foreclosure ... Take steps to avoid bad moves Collie Mail This figure is likely to be on the low side because many scams go unreported. But it's not just the scamsters you need to watch out for. Dud investments come in all forms, from the supposedly safe mortgage or fixed-interest funds that lend your money ... Is help on the way for underwater homeowners? CBS News ... billion if principal reductions were used under the terms of the mortgage modification plan. Q&A: What you need to know about real estate now Desperate homeowners tricked by home loan scams "The anticipated benefit of principal forgiveness is that, ...

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