Thursday, September 11, 2014

MORTGAGE MODIFICATION SCAMS

While looking into today's story of a Queens woman arrested for a mortgage foreclosure scam, I discovered this article from June which showed that since "2010, more than 40,000 homeowners have complained they were scammed by someone promising to offer foreclosure assistance or help them with a mortgage modification, according to an analysis of calls to the HOPE hotline, a resource for struggling borrowers....The most costly of these foreclosure rescue scams -- and now the most pervasive -- involve or are directed by attorney."

See http://www.huffingtonpost.com/2014/06/09/mortgage-scams_n_5438743.html

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