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New York Housing Counselor Charged with Defrauding Homeowners

By
Real Estate Agent with SANDALS REALTY GROUP, INC

New York Housing Counselor Charged with Defrauding Homeowners

According to DSnews.com A New York housing counselor was recently sentenced to 72 months in jail and three years supervision by a U.S. District Court judge after defrauding 136 homeowners who reached out for help as they attempted to avoid foreclosure on their homes.

 Homeowners are advises  to take the following steps if working with an agency not approved by HUD: 1. Avoid paying for foreclosure counseling services. HUD-approved agencies provide these services at no cost.
2. Resist any tactics that pressure you into signing documents without enough time to go over them carefully.
3. Do not sign over the deed of your house to any other person or organization.
4. Make your mortgage payments only to your lender or an institution approved by your lender.
 
 
 Read full article at:

 http://www.dsnews.com/articles/new-york-housing-counselor-charged-with-defrauding-homeowners-2012-02-06

 

Comments (2)

Diane Grady
Endless Summer Realty - Saint Augustine, FL

Yes, we have to be so careful. You must form a good circle of people that you can trust to refer clients to. There are so many people taking advantage of the bad situations right now. Sad to see.

Feb 08, 2012 02:27 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Not everything that appears one way is what it represents to be. Think Hansel & Gretel, a kind old woman and a house that is good enough to eat...NOT. Deal with people you know and who are local and known

Feb 08, 2012 02:36 AM