Far too many distressed homeowners have been taken in by a promise of aid with their mortgages. The DOJ news release, Financial Fraud Enforcement Task Force Members Reveal Results of Distressed Homeowner Initiative, gives data about how many homeowners were victims along with links to helpful resources. The FBI Story on the distressed homeowner initiative gives more insight on how the scams work including examples of how they set up shop, what you as a homeowner should look for in mailings, and for fans of the show White Collar, a public service announcement with Tim DeKay.
Educate yourself and share this knowledge with others. Don’t become a victim.