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Posts tagged mortgage related fraud

Preventing Foreclosure Scams!

Mentioned below are some tips that can help in preventing a foreclosure scam:
1.Whenever looking for help with foreclosure scams one should make sure that the counseling agency is registered with the Department of Housing.
2.A genuine and authorized counselor will never guarantee that the foreclosure will be stopped.
3.Never sign or let the counselor coax you into [...]

Mortage Fraud Industry-Booming in times of recession!

The one industry that is benefiting the most and is still booming is the fraud and mortgage fraud industry.
As recession is causing more and more people to supplement their earnings and look out for ways to make quick money, these are the perfect settings for a scammer to cash in on sentiments.
Fake ‘mortgage modification’ and [...]

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It is better to suffer wrong than to do it, and happier to be sometimes cheated than not to trust. - Samuel Johnson

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