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Loan Modification Scams

By Vigilize | Thursday, August 26, 2010 - Leave a Comment

Scams aren’t always easy to spot – but it helps if you know the warning signs to look for. Here are six red flags to indicate that you may be dealing with a loan modification scammer:

1. A company/person asks for a fee in advance to work with your lender to modify, refinance or reinstate your mortgage. They may pocket your money and do little or nothing to help you save your home from foreclosure.

To learn more, visit NeighborWorks® America’s article: 6 THINGS YOU SHOULD KNOW


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