The scammer may have taken a new mortgage out on your home for hundreds of thousands of dollars more than your mortgage, making it impossible for you to buy back your home. Partial Interest Bankruptcy Scams. The scam operator asks you to give a partial interest in your home to one or more persons.
Sadly, homeowners have already succumbed, or will succumb to Fraud Stoppers slick marketing campaigns, but mortgage fraud examiners will continue to expose these scammers, and others like them, to warn the public, and unsuspecting homeowners that may be facing foreclosure.
Mortgage Foreclosure Rescue Scam Foreclosure rescue fraud is sweeping the country and can end up costing you the home and equity you’re desperately trying to save from foreclosure. In these tough economic times, mortgage foreclosure rescue scams are sweeping the nation.
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Beware Of The Latest Foreclosure Rescue Scam–"Mortgage Elimination". Mortgage Fraud Examiners, the investigative firm who warned the public about the "criminal loan modification trap" and "useless" software audits, is now warning the public of this latest scam-"Mortgage Elimination" – PR10619994
The most popular loan type in Florida is the 30-year fixed rate mortgage. This loan allows buyers to lock in a low interest rate on their loans without having to worry about future uncertainty. 15-year fixed rate mortgages allow homeowners to build equity much faster.
It was unclear what, if any, effect the ruling may have on the increasing pace of foreclosures nationwide. The judge noted that people about to lose a home through a foreclosure typically want to remain in the home or quickly find a new place to live. Boyko said they usually don’t challenge the institution to show proof of its right to foreclose.
Mortgage Fraud Examiners Warns Homeowners to Beware of the Latest foreclosure rescue scam-securitization audits mortgage fraud Examiners exposed this problem of bogus forensic loan audits over two years ago in a press release: "Beware of the Latest foreclosure rescue scam??forensic loan audits-" www-prurgent-com , pressrelease-htm.. Maybe a fax.
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Articles & Books – archive.. warning litigants that the days of automatic approval of disclosure-only settlements, broad releases for defendants, and cash going only to plaintiffs lawyers are over.. Mortgage fraud takes many guises but can be succinctly classified as either fraud for profit or fraud.
House Votes to Rescind $1B in Neighborhood Stabilization Grants The Madoff investment scandal was a major case of stock and securities fraud discovered in. As the market's decline accelerated, investors tried to withdraw $7 billion from the firm.. Noel agreed to the attachment on his house "with no findings, including no finding.. Santosh Nadgir and Grant McCool (May 13, 2009).