These mortgage-relief scammers look so legit

More foreclosures, home-price drops on tap in 2011 – Foreclosures may well peak next year, said Rick Sharga, a senior vice president for RealtyTrac, an online marketplace for foreclosure properties. The market is expected to tally about 1.2 million bank.

 · Unfortunately, too many of these offers are simply foreclosure relief scams. They prey on people who are in horrible financial predicaments that have left them in the position of being about to lose their homes. In this post, we’ll outline the most common scams that homeowners face when they are on the brink of losing their homes.

Scammers take advantage of listing data to target victims, illegally pulling online listings and re-posting them as their own. As the rental market has boomed, so too have scams. think. These fake.

The content on this page is accurate as of the posting date; however, some. The scam is known as Ransomware, and the notifications “look very official,”. “You very well could have the one piece of information” that could help catch. The tipoff: If you're applying for a loan, be wary if the lender is trying to.

MBA: Mortgage applications slide 0.6% from last week Mortgage Application Volume Makes a Return to Positive Territory – The mortgage bankers association (MBA) said mortgage application volume rose for the first time in five weeks during the week ended February 7. MBA’s Market Composite Index, a measure of that.Mortgage apps barely move for second week in a row COME UP WITH YOUR OWN PLAN. If you paid down your sub 5% mortgage in 2009, you’ve missed out on 18%+ annual gains for five years in a row in the stock market on that money. Nobody knows the future with certainty, therefore, it’s a good idea to diversify your money by paying down debt and investing at the same time.A Tale of Two Loan Modifications, As Investors Sue Countrywide The company must also provide $150 million for relief to homeowners and hire a monitor who will approve the appointment of two independent directors to Ocwen’s board and continue to oversee the business. According to Forbes, poor Erbey is no longer a billionaire:University of California regents sue AIG over subprime mortgages  · The American International Group sued Bank of America on Monday over hundreds of mortgage-backed securities, adding to the surge of investors seeking compensation for the troubled mortgages that.

There are many places you can turn for help, but, unfortunately, some of the mortgage relief solutions are actually scams. Learn what they look like so you can protect yourself and have the best possible chance of keeping your home. How mortgage relief scams work. There are several types of scams, and each one works by a slightly different method.