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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).
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.
18 sty 2023 · Loan modification fraud refers to illegal practices that take place when companies or individuals falsely promise to assist homeowners in modifying the terms of their mortgage loans in order to lower their monthly payments or avoid foreclosure.
Loan modification scammers are targeting you. To counter this, HUD has launched a new public awareness and enforcement campaign specifically targeting loan modification scammers, calling on the general public to take three specific actions: “Know it. Avoid it. Report it.”
Report Scammers. If someone contacts you with these requests or claims, you report it to the following Federal offices: HUD Office of the Inspector General Phone: (800) 347-3735. https://www.hudoig.gov/hotline. Federal Trade Commission: Report Fraud Phone: (877) FTC-HELP / (877) 382-4357.
If you suspect any fraudulent activities related to loan modifications, you can report them to the relevant authorities, such as the Consumer Financial Protection Bureau, to protect yourself and others from potential scams.
Scammers say they are: mortgage loan “auditors,” or “foreclosure prevention auditors,” lawyers, or other experts. They’ll review your mortgage documents to see if your lender complied with the law. They say the audit can help you avoid foreclosure, speed the loan modification process, lower the amount you owe, or even cancel your loan.
