New Campaign Offers Educational Materials to Fight Loan Modification Scams

Get notified about the latest scams in your area and receive tips on how to protect yourself and your family with the AARP Fraud Watch Network.. Phone Companies Pledge to Fight Robocalls.. Member Local offers (0) chapters (0) See All Local Map content has been skipped.

Generally, to be eligible for a loan modification, you must: show that you can’t make your current mortgage payment due to a financial hardship. complete a trial period to demonstrate you can afford the new monthly amount, and. provide all required documentation to the lender for evaluation.

Loan modification scammers are targeting you. To counter this, HUD has launched a new public awareness and enforcement campaign specifically targeting loan modification scammers, calling on the general public to take three specific actions: "Know it.

Scam Alert campaign, is designed to help homeowners protect themselves against loan modification scams, find trusted help and report illegal activity to authorities. Since the campaign’s launch, more than 10,000 people have reported loan scams, and it’s believed that many more homeowners have been affected. NeighborWorks America is an official partner of NCPW, the federally coordinated consumer education campaign that encourages individuals across the country to take full advantage of their.

Loan Modification Scams Are A Great And Real Threat to All Homeowners- PLEASE WATCH .. You don’t ask for a loan mod, you fight for one. It’s only the people who fight there foreclosures get anything but the runaround.. I have gotten a offer of settlement from Gregory Funding who claims.

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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.

NCPW is a coordinated campaign that encourages consumers nationwide to take full advantage of their consumer rights and make better-informed decisions. Through the NCPW site, individuals can find information on a variety of topics, order materials, and help share information about NCPW.

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Spanakos’ fibbing best friend had lured him into a scam. He would lose a $4 million investment. And so when Sebastiano approached Spanakos with an offer to get an early piece of a new personal.

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