Are you or someone you know a Victim of Mortgage Modification Scams and Foreclosure Rescue Scam?

Asked by Steven Ransom, 48209 Wed Aug 5, 2009

Question / Tech Tip :

If you're falling behind on your mortgage, others may know it, too including con artist and scam artists. They know that people in these situations are vulnerable and often desperate.

If someone offers to negotiate a loan modification for you or to stop or delay foreclosure for a fee, carefully check his or her credentials, reputation, and experience, watch out for warning signs of a scam, and always maintain personal contact with your lender and mortgage servicer.

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Derek Bauer’s answer
Derek Bauer, Agent, South Lyon, MI
Thu Aug 6, 2009
What many borrowers are not aware of is that with some advice or some online research, they can spearhead the modification of their loan ON THEIR OWN. The problem is very few are having success at that...
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Steven Ransom, , 48209
Wed Aug 5, 2009
Tech Tip:

Foreclosure Rescue Scams: How to Avoid Becoming a Victim ... it consumer advocacy groups that provide services to distressed homeowners. ... unable to meet their mortgage obligations?
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