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Avoiding Common Mortgage Scams

By
Mortgage and Lending with Chris Brown | Certified Mortgage Planners NMLS 303797

Despite tougher mortgage guidelines and better loan disclosures for consumers, mortgage fraud is on the rise, according to the FBI.

Fraud has many varieties and it's estimated cost to the nation is between $4-6 billion annually.  Today, common mortgage fraud scams target homeowners behind in their mortgage payments and/or facing foreclosure. And, despite the hordes of......

 

Read the COMPLETE BLOG POST HERE:

Avoiding Common Mortgage Scams

Comments(4)

Michael C. Price
Keller Williams - Ann Arbor, MI
Ann Arbor-Real Estate Strategist

The Mortgage Fraud Blog by Racelle Dollar is a blog that I follow on this subject. Very good resource.

Oct 17, 2010 05:10 PM
Margo Currie
Exit 1 Stop Realty - Saint Augustine Beach, FL

It's so amazing to me that anyone could be so ruthless to make money from another's heartache, but we see it again and again.

Oct 17, 2010 05:31 PM
Nor Yeretsian
Envoy Capitol Realty Inc. - Toronto, ON
Envoy Capitol Realty Inc., Brokerage Toronto

A professional can help !

If it's too good to be true, Beware !

Cheers

Nor Yeretsian

Oct 17, 2010 05:34 PM
Curt Baumgarth
Mesa, AZ
inactive

Nor said it best, if its too good to be true........  Its so sad how many people believe in these scams and count on them to save them.... Eductation is key!

Oct 17, 2010 05:45 PM