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The scam artists will claim they can work with your lender to reduce your mortgage payments or save your home from foreclosure for a small fee.. walks off with most or all of the equity from your home plus any rent you paid.. If you're looking for a loan modification or other help to save your home, avoid any business that:.
mortgage fraud filed by financial institutions increased 23 percent from.. equity, which is subsequently stripped out through various schemes.. charging up-front fees and/or convincing the homeowner to deed the property to the fraudster,. o A borrower requests a loan modification for a property that he claims to occupy.
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The Home Equity Theft Reporter: Connecticut AG Files Suit Against Out-Of-State Company Running Allegedly Bogus Upfront Fee Loan Modification Scam placing political payback (against an individual and an agency) above national security, the Vice President’s office orchestrated the outing of a covert CIA agent, Valerie Plame, her cover company.
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VA Mortgage Loans: Important Things About Veterans Benefits You Must Know In fact, VA loans may now be more of a lifeline for military borrowers than at any time since world war ii. Chris Birk is the author of "The Book on VA Loans: An Essential Guide to Maximizing Your Home Loan Benefits." He is also executive editor at Veterans United Home Loans. You can follow him on Google+.
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The Home Equity Theft Reporter: Connecticut AG Files Suit Against Out-Of-State Company Running Allegedly Bogus Upfront Fee Loan Modification Scam New Report Says Conferences Prevent Foreclosures But Strain NY Courts by Andrew Keshner, New York Law Journal, November 29, 2010 Issue [New York’s] Mandated pre-foreclosure conferences have become.
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