"Bankruptcy foreclosure scams" or "mortgage rescue scams" target people whose home mortgages are in trouble. Scam operators advertise over the Internet and in local publications, distribute flyers, or contact people whose homes are listed in the foreclosure notices.
Home Washington Press Releases 2012 Mortgage Rescue Business Owner Sentenced to 90 Months for Fraud Info This is archived material from the Federal Bureau of Investigation (FBI.
Illinois Compiled Statutes Table of Contents. (765 ILCS 940/5) Sec. 5. Definitions. As used in this Act: "Distressed property" means residential real property consisting of one to 6 family dwelling units that is in foreclosure or at risk of loss due to nonpayment of taxes, or whose owner is more than 30 days delinquent on any loan that is secured by the property.
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Beware of Foreclosure Rescue Scams To protect yourself from opportunity hunters and frauds: Contact your lender or mortgage loan servicer and try to negotiate a payment plan. W counselors. Report suspicious activit . Read more inside or go to the resources section on the back panel for whom to contact for immediate help.
GARDEN CITY – Attorney General Eric T. Schneiderman today announced a new statewide advertising campaign and consumer education initiative to help New York homeowners spot, avoid, and report mortgage rescue scams.
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Along with other cases from federal and state partners, today we charged that mortgage rescue scammers have taken $25 million in illegal advance fees from consumers.It serves as a reminder of how important it is to watch out for scam artists trying to take advantage of people who need help avoiding foreclosure.
The Fraud Unit contains the Mortgage Fraud Unit, Insurance Fraud Unit, Securities Fraud Unit and Workers Compensation Fraud Unit. The Mortgage Fraud Unit investigates and prosecutes violations of mortgage fraud under NRS 205.372, as well as foreclosure rescue fraud, foreclosure fraud, and any and all other theft related crimes arising out of mortgage related transactions.
The Federal Trade Commission halted a massive mortgage relief scheme perpetrated by a series of law firms, which falsely promised to help struggling homeowners save their homes in exchange for.
The Justice Department announced Thursday that it has arrested 485 people across the nation in a mortgage fraud sweep, though no charges were brought against anyone in Manatee, Sarasota or Charlotte.