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Mortgage Scammer Alert

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Mortgage Scammer Alert

Mortgage loan scams are on the rise. Anyone can be victim—but you do not have to be.  Homeowners may receive calls and emails from bogus companies that offer to manage or modify your home loan for a fee, but in reality take your money and your home and disappear.  Be alert to scammers.  Avoid anyone that asks for a fee in advance, guarantees to stop foreclosure, modify your mortgage or tells you to stop making mortgage payments to your lender and to send them your monthly mortgage payment. To report a suspected scammer, call 1-888-4637 or visit www.tsahc.org.  If you need mortgage help, dial 2-1-1 for referrals to legitimate mortgage and financial counseling in your area.


Posted on 8/1/2011
 

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