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scams: Behind on your payments? Don’t fall victim to scams, ask a licensed professional for help! - 08/27/09 12:20 PM
If you are behind on your payments, you may be looking for any help you can find. But, don’t fall victim to scams, ask a licensed professional for help! You see, every day people are looking for new ways to scam home owners who are in trouble and today I heard of yet another and this one just makes me mad.
What these scammers do is wait for the notice of default list to come out and then approach the home owners who are in trouble and promise them help getting out from under their mortgage without having to pay them … (6 comments)

scams: Warn your clients of loan scams before they fall victim - 11/29/08 12:50 AM

Your clients have got themselves a great 30 year fixed rate loan at a wonderful rate of 5.5%. So they close on their home and that is when the letters start. Refinance! Save money each month! Pay off your credit card bills! Heck these letters start before the house has even closed because of the credit bureaus selling their information to every loan chasing mortgage broker out there.
But, what you really need to do is warn them about is the scams out there. The misleading letters that attempt to get people to switch their mortgage from their current lender to … (9 comments)

scams: Foreclosures still rising and so are the scams - 05/07/08 05:47 PM
When someone gets that first notice of default from their bank, it really can be heart wrenching and break a person's spirit. At this point some people are looking for anyway possible to avoid a foreclosure and the embarrassment of losing their home.
Recently, I met a person that fell for one of these scams and I advised them to contact the Oregon Attorney General to hopefully get their money back and to hopefully help protect others from the same fate.
What happened? The person claimed to be a mortgage broker and befriended the home owner with the false hope of … (12 comments)

 
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