The Federal Government appears to be increasing its efforts to protect homeowners from mortgage rescue scammers. As we reported here, mortgage rescue scammers may attempt to take advantage of homeowners by fraudulent posing as government programs, accepting payments without providing services, or transferring title to the mortgaged premises, among other things. The scale of this lawsuit, along with the fact that the Federal Government seems to be pursuing these types of cases more frequently, should discourage individuals attempting to pursue such practices. But the fact that the Government named so many defendants also means that these practices are still probably quite common. Homeowners should diligently research foreclosure rescue programs before entering any agreements, or making payments. Read more about the lawsuit here.
The Attorneys at The Law Firm of Vaughn and Weber are experienced in Loan Modification Negotiation and Foreclosure Defense. If you have questions about these or other legal issues, call our office at 516-858-2620 today to schedule a free consultation.