Don’t be a victim of mortgage fraud

Don’t be a victim of fraud. When it comes to fraud and scams, you can always assume that if something seems too good to be true, it probably is. Anyone can become a victim of fraud but taking precautions can make a big difference. Here are a few tips to avoid falling victim to several common scams:

"Rodney got what he deserved," said Lauri Hartz, who attended the court proceeding as one of nearly 50 known victims of Getlan’s scheme to divert mortgage payments to his. said longer sentences in.

Don’t Become a Victim of foreclosure fraud. mortgage loan frauds are on the rise across the country. Foreclosure scammers use phone calls, direct mail, the Internet, email and even door-to-door solicitations to attract potential victims.

Home title fraud offers a potentially lucrative payoff for criminals skilled in identity theft. Don’t confuse home title fraud with mortgage fraud, which is when a potential homebuyer, seller or lender lies or omits key information that leads to a mortgage loan approval or terms that the applicant wouldn’t normally qualify to receive.

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If you’re worried about being a victim of mortgage fraud it helps to be familiar with closing documents. If you know what to look for on these documents you can avert mortgage fraud. Knowing what you’re signing can save you money and protect you and your family from mortgage fraud.

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Don’t be a Victim of loan fraud. protect Yourself from predatory lenders (advice from the U.S. Department of Housing). Buying or refinancing your home may be one of the most important and complex financial decisions you’ll ever make.

Mortgage Fraud Victim - 3 Don't Be a Victim of Predatory Lending..Know the Warning. – Don’t get pressured into something you’re not comfortable with or that just doesn’t feel right. Be responsible in the process and avoid your home ownership dreams turning into foreclosure or worse financial ruin. Learn more here: Mortgage Loan Fraud – Predatory Lending. If you believe you may have been a victim of mortgage loan fraud or.

This is the second in a two part series about mortgage fraud, how it occurs, the damage it causes and what you can do to protect yourself. Read on for more information on how you can stop mortgage fraud through identity theft and what to do if you have been a victim.