Tag Archives: loan modification

Watch Out for Scammers Using New Housing Regs

The Wall Street Journal has an article pointing out that over the past year there has been an upsurge in companies who offer to help homeowners negotiate lower mortgage payments – in exchange for a fee, when these services are available for free. The buzz over the new regulations basically amounts to a commercial for their… Continue Reading

Foreclosure Rescue Scams on the Rise

At a recent office meeting our broker pointed out that he’s hearing more and more about scams involving people preying on homeowners in foreclosure. One of the methods is for someone to approach a homeowner who is facing foreclosure, and make an arrangement in which the owner signs their home over to them via a… Continue Reading