New Campaign Offers Educational Materials to Fight Loan Modification Scams

New Campaign Offers Educational Materials to Fight Loan Modification Scams

As Student Loan Defaults Increase, So Do the Scams. Some reference the "Obama New Student Loan Forgiveness Program" and make it sound like they are the only ones that can access these.

HUD's anti-scam campaign speaks directly to homeowners who might be looking for help in. To counter this, HUD has launched a new public awareness and. Strengthen the fight against loan modification scammers. Did anyone offer to help modify your mortgage, either directly or through. Non-profit Resources.

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 · The leader of a student loan debt relief scheme has agreed to settle with the Federal Trade Commission’s (FTC’s) charges that he stole $11 million from consumers.

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Department of Real Estate Issues new Consumer ALERT to Help Consumers Avoid Loan Modification and Mortgage Relief Scams (March 21, 2011) En Espaol; California Department of Real Estate Continues to Fight Loan Modification and Mortgage relief scams (february 24, 2011)

Following are six red flags identified by Loan Modification Scam Alert TM, a national public education campaign that Freddie Mac co-chairs, to indicate that you may be dealing with fraud: A company/person asks for a fee in advance to work with your lender to modify, refinance or reinstate your mortgage.

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Get notified about the latest scams in your area and receive tips on how to protect yourself and your family with the aarp fraud watch network. skip to content.. New PSA Warns of Medicare scams.. member local offers (0) Chapters (0) See All Local Map content has been skipped.

Mortgage loan modification scams are schemes to take your money – often by making a false promise of saving you from foreclosure.

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Scam Alert campaign, is designed to help homeowners protect themselves against loan modification scams, find trusted help and report illegal activity to authorities. Since the campaign’s launch, more than 10,000 people have reported loan scams, and it’s believed that many more homeowners have been affected. NeighborWorks America is an official partner of NCPW, the federally coordinated consumer education campaign that encourages individuals across the country to take full advantage of their.

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