Entries Tagged as 'Foreclosure Scams'

Foreclosures are increasing; so are scams. Foreclosure victims are being warned by the administration about multiplying scams. Jose Hernandez is one of the victims of foreclosures scam. He defaulted on the mortgage of his house in Pacoima. At this time a stranger came forward to talk to him outside his church.

[Read more →]

The foreclosure crisis sweeping across the country has left many homeless. Following the trail of foreclosures are honing in scammers. Foreclosure scams in Austin too have become common occurrence.
In comparison to other cities the situation in Austin has been relatively good. Conditions make refinancing and modification possible. But sometimes the story [...]

[Read more →]

News investigation shows that devils flapping wings of angels are duping thousands of foreclosure victims with pious platitudes. In reality these ruthless schemers rob the unfortunate of their money, their houses and even their self-esteem.
One of the kind is McDowall who ran a number of agencies in Brooklyn, Manhattan and Long Island. His business card [...]

[Read more →]

Misfortune never seems to come in singles – they come in doubles. If foreclosure is not bad enough for the homemakers facing the harsh reality of eviction, scammers are creeping in to pick the crumbs off the table of misfortune called Badluck. The law courts are overflowing with the new menace of foreclosure rescue scams.
When [...]

[Read more →]

Foreclosure weather is bad. It is likely to worsen in the near future. The administration is doing its best to dilute the crisis but the best option is for the house owner to be armed with knowledge about the basics of foreclosures.
Foreclosures are not illegal. It is the way lenders realize unpaid dues by taking [...]

[Read more →]