Download or read book Beware of Foreclosure Rescue and Loan Modification Scams written by and published by . This book was released on 2009 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Beware of Foreclosure Rescue and Loan Modification Scams written by and published by . This book was released on 2009 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Legislative Solutions for Preventing Loan Modification and Foreclosure Rescue Fraud written by United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity and published by . This book was released on 2009 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Prepared Statement of on Foreclosure Rescue and Loan Modification Scams written by United States. Federal Trade Commission and published by . This book was released on 2009 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Beware of Foreclosure Rescue Scams written by Federal Deposit Insurance Corporation and published by . This book was released on 2009-01-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A new breed of scam artist has grown along with the current mortgage crisis. This pamphlet describes common foreclosure rescue scams, tell-tale signs of a scam operator, and whom to contact if you're caught in a scam.

Download or read book Consumer Advisory written by United States. Office of the Comptroller of the Currency and published by . This book was released on 2011 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Beware of Foreclosure Rescue Scams written by and published by . This book was released on 2012 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Mortgage Loan Fraud Loan Modification and Foreclosure Rescue Scams written by Financial Crimes Enforcement Network (U.S.) and published by . This book was released on 2010 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Legislative Solutions for Preventing Loan Modification and Foreclosure Rescue Fraud written by United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity and published by . This book was released on 2009 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Home Alone written by Nathaniel C. Nichols and published by . This book was released on 2009 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mortgage foreclosures caused by predatory lending and subprime mortgages seem to garner front page headlines on a daily basis. Greedy mortgage brokers, greedy banks, greedy investors, and financially illiterate consumers all share some blame for this crisis. However, the Mortgage Foreclosure Rescue Scam (MFRS) has caused a crisis of its own for decades. This article describes how MFRS works. It gives a detailed account of an actual victim of MFRS and proposes several solutions to prevent the scam, when the elderly are its target.

Download or read book Legislative Solutions for Preventing Loan Modification and Foreclosure Rescue Fraud written by United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Home Foreclosures written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Commercial and Administrative Law and published by . This book was released on 2010 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Forensic mortgage loan audit scams written by and published by . This book was released on 2010 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Mortgage Modification and Foreclosure Scams Alert written by and published by . This book was released on 2013 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreclosure Aftermath Preying on Senior Homeowners S Hrg 110 532 February 13 2008 110 2 Hearing written by and published by . This book was released on 2008 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Stop Foreclosure Rescue Scams written by Lonnie R. Embry and published by . This book was released on 2010-02-15 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: Don't get taken advantage of! If you're facing foreclosure and have been receiving notices offering help, you might be surprised to find that you're in great danger of losing your home to a 'Foreclosure Rescue Scammer' whose only intention is to rip you off.It's frightening enough to face the threat of losing your home to foreclosure but it can be even more terrifying to realize that you can legally lose your home to scam artists in your frantic efforts to save it.Thousands of homeowners are swindled out of their homes and every penny they have each year by con artists who promise to save them from foreclosure. In this helpful guide, author Lonnie Embry shows you why foreclosure rescue scams were identified as one of the top five 'fastest-growing crimes' and 'worst complaints' to plague the country, according to a report released recently by the Consumer Federation of America. In "Stop Foreclosure Rescue Scams!" you'll learn how to: * Instantly spot scam artists and avoid being duped by them now that you know the tactics and strategies they use to reel victims in. * Save hundreds of thousands of dollars now that you know who the real victims of foreclosure fraud are and why you might be a likely target.* Save endless hours of research on where you can get legitimate foreclosure rescue help that you can actually rely on. * Send scammers packing in a rush now that you know how to differentiate between the 'good rescuers' and the 'bad rescuers'You can save yourself the heartache of being scammed out of your money, evicted out of your home and the humiliation of it all just by learning everything you need to know to protect yourself in this guide.

Download or read book Iniquity written by Kelli Dudley and published by . This book was released on 2019-06-18 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beginning in 2006, foreclosures of residential home mortgages increased precipitously. Home values dropped, homeowners found themselves underwater, and banks eagerly foreclosed when payments were allegedly late. Homeowners turned to the courts and legal system only to find the system was entirely coopted by lenders and the attorneys who prosecuted foreclosures. In Cook County, homeowners were directed to contact services that ultimately required them to give up important rights, even due process rights like proper service of process afforded every other litigant in every other type of case. Homeowners were diverted into a court-sponsored mediation program that required them to file an answer that admitted away the entire case, unknowingly waiving defenses any competent attorney would have identified. Homeowners seeking help were herded into a training session where the first slide presented asked, "Why am I in foreclosure?" The only answer provided was: "Because you missed a mortgage payment." No discussion was had of false allegations of missed payments or other reasons for foreclosure. In reality, reasons included allegations such as failing to maintain homeowners' insurance and were sometimes false. Homeowners were urged to opt for a "graceful exit" solution--leaving their home earlier than legally required and without an assessment of their legal rights, much less competent representation in litigation. As if official action betraying homeowners were not enough, many of the attorneys holding themselves out as "save your home" lawyers misled consumers. At their worst, attorney-sponsored scams included persuading the homeowner to sign the deed to the home over to the attorney or a crony, requiring the homeowner to pay rent. Attorneys would commonly promise to save the home in exchange for a monthly payment of legal fees, $1,500.00 or more commonly being required. While collecting this money, they would fail to file an appearance, fail to appear in court, and do nothing reasonably calculated to save the home. In fact, the rare times the attorneys did act often resulted in hastening the loss of the home. Homeowners often relied on the attorney without finding out about the fraud for a year or more due to the inherently long foreclosure process. Their first notice nothing was done was often the sheriff's knock on the door to evict them from the home they believed was safe.The scams robbed people of their home equity and $20,000.00 or more in cash that could have enabled them to move to a new home. Homes were lost where they could have been saved with less then ten hours of competent legal work. Homeowners were herded into expensive schemes involving attorneys (or cronies who provided a kickback) taking money for loan modification applications or "forensic loan audits." The loan modification applications could be completed at no cost by highly competent housing counseling agencies certified by the United States Department of Housing and Urban Development. The forensic audits were almost always expensive, useless, and misleading. For example, they would identify legal violation that did not provide the homeowner with a private cause of action or defense to foreclosure. Homeowners would react to this misinformation combined with incompetent legal representation to dig in their heels for a completely illusory legal batttle, ignoring bona fide options to save the home with a competent attorney or HUD-certified housing counseling agency.Adding insult to injury, many "save your home" scammers targeted people based on race, religion, and national origin. This included misleading advertising on radio shows marketed to African-American and religious communities, reaching out through immigrant networks and churches, advertising in Spanish-language publications, and using culturally-loaded iconography.Homeowners paid many times--hostile court systems, lawyers, and scammers all took a cut. They lost homes and incurred debt.