Loan Modification Scams Target Desperate Homeowners
July 23, 2009
With more Americans losing their jobs, there’s no end in sight to foreclosures. A growing number of homeowners are struggling to make their mortgage payments and that’s bringing scam artists out of the woodwork claiming they want to help. Beware. Click here to watch the report and read more.
An investigation by ABC News Investigative Correspondent Brian Ross showed consumers are being lured by promises of loan modifications, only to find they’ve been scammed. Watch the video above or click here to read the report by Brian Ross and producer Joe Rhee. Foreclosure scams are an issue we’ve discussed before on Consumer Warning Network. Check out our report “Foreclosure Scams Escalate as Piranhas Circle.”
- Why Banks Make It So Tough to Get a Loan Modification
- Home Loan Modification Run-Around Continues
- Lawsuit Filed to Shake-Up Loan Modification Limbo
- Foreclosure Judge Helps Homeowners
- Cell Phone Scams Target Unsuspecting Teenagers
- Forelosure Rescue Scams Escalate as “Piranhas” Circle
Banding Together and Fighting Back!
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