New Campaign Offers Educational Materials to Fight Loan Modification Scams

Mortgage Executive Jailed for Failing to Remit Mortgage Payoffs – Mortgage Fraud Blog Former SunTrust Executive, Relatives Convicted. A former executive at SunTrust Mortgage Inc., his wife and two brothers-in-law have been convicted for running a mortgage fraud scheme. Back in 2005, Mohsin Raza was employed at Bank of America Corp. SunTrust recruited Raza at that point to work as a vice president.

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)

WASHINGTON – As homeowners and communities throughout the country continue to face devastating consequences from the deep contraction in the economy and the housing market, the Obama Administration today announced a new coordinated effort across federal and state government and the private sector to target mortgage loan modification fraud and foreclosure rescue scams that threaten to hurt American homeowners and prevent them from getting the help they need during these challenging times.

Loan modifications, forbearance agreements, and repayment plans are different ways that borrowers can avoid foreclosure. (Learn what to do-and what not to do-if you’re facing a foreclosure.). Read on to learn the difference between these options and how they can help you if you’re having trouble making your mortgage payments.

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.

But the Federal Trade Commission has embarked on an education campaign that seeks to fight fire with fire. that not only identifies the common signs of credit-repair scams but also offers guidance.

So far, there have been no plans to do defensive upgrades other than ongoing modifications to the aircraft. David Goldfein addressed the B-1’s return to the ISIS fight in February, saying the.

Federally insured reverse mortgage rules are getting a makeover. Report: Florida among the states that uses foreclosure settlement $ for other uses | Naked Politics “The idea that nearly our entire industry relies on the federal government for what it does, in addition to all of the state rules. reverse mortgage options under the Department of Housing and.

A.G. Schneiderman Announces Statewide Advertising Campaign To Help New York Homeowners Avoid Foreclosure Rescue Scams. New York homeowners have submitted over 2,700 foreclosure rescue scam complaints to the Lawyer Committee for Civil Rights, documenting at least $8.25 million in losses. New York homeowners trail only California and Florida in the number of complaints reported to the Loan Modification Scam Database.

GSEs’ Mortgage Guarantee Fees on the Downswing GSEs’ Mortgage Guarantee Fees on the Downswing So the mortgage is sold to the secondary market, likely Fannie Mae or Freddie Mac. In fact, the GSEs and FHA bought or guaranteed 95% of all new mortgages in fiscal year 2011! mind blowing numbers compared to when 40% market share was seen as high in the early 2000s.

of a vigorous national campaign to strengthen the fight against loan modification scammers, the Lawyers’ Committee for Civil Rights Under Law (Lawyers’ Committee) today launched www.PreventLoanScams.org .

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Foreigners get a piece of the real estate pie Brookfield’s Business Services division has completed over 1,000 construction projects including many landmark real estate and infrastructure. We suggest reading this piece for another.Defense chips away at total ‘Dance Moms’ star hid from court Gingrich beats Romney in South Carolina As we saw in South Carolina, the polling numbers can change appreciably in a short period. I will spend plenty of time in the coming days analyzing the Florida polls. Of equal interest, however, is that Gingrich has now pulled almost even with Romney in Gallup’s national tracking poll , at 29%-28% among Republican and Republican-leaning.