A mortgage scam is a fraudulent attempt to obtain money or personal information from people who are looking to buy or refinance a home. Scammers may pose as legitimate mortgage lenders or they may create fake loan offers. They often use high-pressure tactics to convince victims to send money or provide sensitive information.
Mortgage fraud is a serious problem that can have a devastating impact on victims. In 2023, there are a number of new and emerging mortgage fraud schemes that borrowers should be aware of.
The rising cost of living, job insecurity, and economic uncertainties have left many homeowners facing financial hardship, often jeopardizing their… Read More
Homeownership scams have been around for years, but they seem to be on the rise in 2024. These scams can… Read More
We've looked into the most recent mortgage and loan closing scams so you know what steps to take to protect… Read More
When purchasing a property, there are numerous things to take into account. Actually, there are so many that it can… Read More
About Caroline Gerardo: Poet and Writer at night with a passion for my "job" as a Mortgage Banker I'm studying to… Read More
A loan modification may be a restructuring of your mortgage during which you and your investor conform to modify the… Read More
Tips for Avoiding Mortgage Foreclosure Rescue Scams Beware of Unethical Mortgage Foreclosure Rescue Operators A fairly new and dangerous threat… Read More
Moral infringement and criminal exercises in different enterprises have influenced our economy in the course of recent decades, especially in… Read More
Extra-governmental departments and corporations are investigating circumstances of mortgage fraud than ever earlier than. Even as this can be a… Read More
Common feel and taking note of info are the 2 most effective steps borrowers can take to defend themselves and… Read More
