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9 sty 2024 · The Federal Trade Commission is sending more than $1.2 million in refunds to consumers who lost money to Consumer Defense, a deceptive mortgage modification scheme. The FTC is sending payments to 6,261 consumers, who will receive $201.34 each.
24 kwi 2024 · Instead, by “reverse mortgage loopholes”, we mean strategies that are either little-known or weren’t necessarily intended when the reverse mortgage was designed, but are nevertheless 100% legitimate.
1 dzień temu · Scammers will say just about anything to get you to trust them. Some scammers call or email claiming they’re from the Department of Veterans Affairs or your home loan servicer. They’ll promise to help you lower your mortgage payment — for an upfront fee or a retainer. But it’s illegal for a company to charge you before they help you ...
23 wrz 2022 · The Lawyers’ Committee’s National Loan Modification Scam Database compiled data from March 2010 to September 2014 and showed that there were more than 42,000 foreclosure rescue scam complaints and a whopping $98 million of losses to homeowners.
11 wrz 2024 · Mortgage loan modification scams are schemes to take your money – often by making a false promise of saving you from foreclosure. Scammers may: If anyone has made any of these requests or claims, you can report that company by submitting a complaint with the CFPB online or by calling (855) 411-CFPB (2372).
5 sie 2024 · Mortgage interest rates may be on the way down, but scammers’ false promises are likely on the way up. If you’re looking to lower your mortgage payment — by refinancing your home or VA loan — learn about your options and how to avoid mortgage relief scams.
12 lut 2024 · There are a number of reverse mortgage scams that prey on seniors who need cash to cover living expenses.