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Here are some common warning signs of a mortgage relief scam: Scammers will demand payment upfront, before you get any services. That’s illegal — and a warning sign to avoid them.
17 Απρ 2013 · SAN FRANCISCO (CN) - The National Mortgage Help Center and its unscrupulous owner scammed homeowners by advertising loan modification assistance, then charging to refer them to predatory lenders, the Neighborhood Assistance Corporation of America claims in court.
31 Οκτ 2018 · Mortgage relief scammers falsely claim that, for a fee (typically hundreds or thousands of dollars paid up-front), they will negotiate with consumers’ mortgage lenders or servicers to obtain a loan modification or other relief to avoid delinquency or foreclosure.
FORECLOSURE RESCUE SCAMS. Bait and Switch Scam. You think you’re signing documents for a new loan to make your existing mortgage current, but you don’t understand all the fine print and just signed documents that surrender the title of your house to the scam artist in exchange for a “rescue” loan.
4 Σεπ 2020 · How to protect yourself from this scam. Don’t respond to unsolicited calls, texts or emails from mortgage relief companies. Contact your lender directly if you’re having trouble making mortgage payments and ask about options for modifying your loan or repayment schedule.
1 Νοε 2023 · Scammers are increasing attempts to harm homeowners, mortgage borrowers, and renters through housing scams, relief scams, and mortgage fraud. Watch out for: Fraudulent calls, emails, and text messages from scammers posing as Fannie Mae, Freddie Mac, banks or mortgage companies, non-profits, or government officials offering lower interest rates ...
What are some warning signs of mortgage modification scams and foreclosure rescue scams? Any of the following could be a sign of a scam (but there may be others): "Pay us $1,000 and we'll save your home."