Mortgage Fraud Examiners Warns Homeowners to Beware of the Latest Foreclosure Rescue Scam-Securitization Audits. securitization audits. Mortgage Fraud Examiners Founder Storm Bradford.
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The scammer may have taken a new mortgage out on your home for hundreds of thousands of dollars more than your mortgage, making it impossible for you to buy back your home. partial interest bankruptcy scams. The scam operator asks you to give a partial interest in your home to one or more persons.
Beware Of Foreclosure Rescue Scams!. The "mass joinder" and class action solicitations are the latest mortgage rescue frauds and are extremely good at selling false hope to homeowners. As a result, the California attorney general and the state’s Department of Justice have taken down a.
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By: LINDSEY O’NEILL, ESQ. More and more shady businesses are cropping up promising to help homeowners avoid foreclosure. Of course some are legitimate, but the hallmark of a fraudulent mortgage foreclosure rescue scam is a company that promises consumers their homes will be saved from the pending foreclosure permanently.
Mortgage Fraud Examiners, the investigative firm who warned the public about loan modification scams, the "criminal loan modification trap" and the Mortgage Elimination scam is now warning the public of this latest scam. When the mortgage crisis hit american homeowners full-force, companies offering "foreclosure rescue" and "loan.
FinCEN Issues Mortgage Loan Fraud Update; Warns of Foreclosure Rescue Scam Techniques VIENNA, Va. – The Financial Crimes Enforcement Network (FinCEN) today released a new analysis of suspicious activity related to possible mortgage loan fraud reported in the third quarter of 2009.
Mortgage fraud and scams hurt lending institutions, real estate professionals, and significant numbers of homeowners in Washington each year. If you’re currently looking at buying a home, refinancing, or are facing foreclosure, be on guard so you don’t become a victim of a mortgage scam.
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