As home values across the country continue to plummet, the authorities say a new breed of swindler is preying on the tens of thousands of homeowners desperate to avoid foreclosure.
Until recently, defrauders tried to bilk homeowners out of the equity in their homes. Now, with that equity often dried up, they are presenting themselves as [...]
NYT: Foreclosures Bring Out the Crooks
January 15th, 2009 · No Comments
Tags: Uncategorized
How to Spot Mortgage Foreclosure Scams
November 12th, 2007 · No Comments
“bankruptcy foreclosure scams” target people whose home loan mortgages are in trouble. Scammers learn of upcoming home foreclosures through published reports and proceed to bombard the owners with phone calls, flyers and posters. The scam operators advertise over the Internet and in local publications.
As common sense dictates, you should never trust anyone who has [...]
Tags: Mortgage Scams