SCAMMED BY A LOAN MOD COMPANY OR LAW FIRM?
November 18, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
Can you imagine not even having enough money to pay your mortgage, and then scraping up two or three thousand dollars on the promise of someone guaranteeing you they can make your problems go away and keep you in your home, and then finding out you’ve been ripped off? The knowledge that not only have you lost your money to a con artist, but that your home is about to be sold, is devastating to people. Yet, it is sadly happening everyday. Men, women and children are being forced from their homes and often, it’s after being scammed by a loan modification company or even a loan modification law firm.
Bailed Out Banks Now Failing!
November 7, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Busts, Foreclosure Scams, Uncategorized
Five more banks, including a California-based institution that reportedly received federal bailout funds in 2008, were closed Friday by regulators, bringing the 2009 total to 120 failed banks.
Torture Charged in LA Area Mortgage Rescue Case
October 28, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
For those of you who have previously paid money to a foreclosure consultant or loan modification company, there may have been times when you felt nothing was being done on your case, that perhaps you had been scammed, and thoughts of revenge entered your mind.
More Mortgage Scandals out of Countrywide/Bank of America!
October 27, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
It has just been revealed that this past Friday, October 26, 2009, the Chairman of the House Oversight and Government Reform Committee, Rep. Edolphus Towns, D-N.Y., has issued a subpoena to Countrywide Financial Corp., now owned by Bank of America Corp.
Loan Modification Companies & Attorneys Are Now Breaking The Law!
October 16, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
In California, Florida and other States across the country, it is now illegal to charge homeowners a fee prior to the completion of all loan modification services! In California, legislation which became effective this week (October 14, 2009) makes it a crime to receive a fee for providing loan modification services until after the completion of all agreed upon services.
Cash For Keys: Homeowners Get Paid To Move By Bank Foreclosing on Them
October 3, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
I just read a really interesting article in the Chicago Sun-Times. It’s talking about the fact that when a lot of people are being foreclosed on and they’re forced out of their homes, they end up stripping the home of everything valuable.
Foreclosure Mediation Does Not Work – Loan Modifications Less Likely To Happen
October 1, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Help, Foreclosure Scams
Watch out, everyone. Your sneaky politicians are at it again!
I just read a great article in the Wall Street Journal. It was based on a report put out by the National Consumer Law Center. The National Consumer Law Center is a non-profit advocacy group that advocates for low-income Americans. What they did was they reviewed 25 different mediation programs in fourteen different states.
Doctor In Foreclosure Gets Ripped Off!
September 17, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
Even Doctors are being taken advantage of by loan modification scams! Don’t let this happen to you.
Get the education you need to save your home NOW!
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Deed in Lieu of Foreclosure or Deed in Lieu
September 14, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
A Deed In Lieu (DIL), which is the term commonly used for Deed In Lieu of Foreclosure, is a home disposition option in which a mortgagor voluntarily deeds collateral property (their home) in exchange for a release from all obligations under the mortgage.
An interesting misconception about a DIL of foreclosure is that many people feel they can just give the home back to the bank at any time, without meeting any qualifying criteria. This is not true.
California Foreclosure Moratorium Scam – Assembly Bill X2 7
September 14, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Help, Foreclosure Scams
http://SecretsToStopYourForeclosure.com Free Video Reveals The #1 Secret To Stop Foreclosure Now That Your Loan Modification Company Won’t Tell You And Your Bank Is Praying You Won’t Find Out.
Foreclosure Hits The Unexpected
July 18, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
It’s Not Your Fault.
Foreclosure is hitting everyone. These are unprecidented times. Get prepared now! Pick up a copy of my FREE DVD. There is no excuse…
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3 New Foreclosure Scams To Watch Out For
July 16, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
Can you believe this? A person was sold a “Fixed Loan” only it was only fixed for a day!
Watch out for these 3 new scams being done to people, just like you, who need help with their home. Get my FREE DVD Now.
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Don’t Let This Foreclosure Scam Happen To You
July 16, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
The scam artists have no shame. The only way to protect yourself is to get educated.
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Almost Caught In This Foreclosure Scam
July 16, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
This gal didn’t get caught in this foreclosure scam, but she almost did. Saved by a “stop payment” at the bank. Check it out…
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It’s A Foreclosure Lie – The 100% Guarantee
July 16, 2009 by Pete Mitchell
Filed under All Posts, Foreclosure Scams
The Federal Reserve put in it’s 5 Tips to Avoiding a Foreclosure Scam to be wary of anyone that promises 100% guarantee.
Watch this scammer try to pull off that trick – and get caught!
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