18
Jan
LA Times has an article about the FTC starting to crack down on what are referred to as “foreclosure fix-it” scams. They include a list of common warning signs, which follows:
* Guarantees to stop your foreclosure, irrespective of how much you owe or how much income you have to resolve your unpaid bills.
Most major lenders [...]
25
Nov
McClatchy Newspapers has a story about foreclosure scams in California’s San Joaquin valley illustrating one of the problems when an area has significant amounts of foreclosures.
Homeowners beware. Just ask Fresno resident Patricia Ireland.
A temporarily laid-off Internal Revenue Service employee, Ireland was scrambling to meet her mortgage payments recently. Out of the blue, a company [...]
27
May
A lot has been covered recently about how mortgage fraud was used in the purchase of rapidly appreciating properties in many market around the country with the expectation that everyone would cash out so it didn’t really matter if the numbers were fudged. In a story from the Mercury News , the news is starting [...]