Foreclosure rescue fraud is sweeping the country and can end up costing you the home and equity you’re desperately trying to save from foreclosure.
In these tough economic times, mortgage foreclosure rescue scams are sweeping the nation. Foreclosure rescue fraud is both devious and cruel. Homeowners, finding it difficult to make ends meet and facing foreclosure, are promised help to save their homes. These scammers often turn around and steal the homes from those they promised aid to. Some collect large fees for services never provided and are never seen from again.
In any form, mortgage foreclosure rescue scams add insult to injury and are expected to grow in popularity with crooks as Americans default on their mortgages in larger and larger numbers.