Don’t be a victim of mortgage fraud

You can’t read a newspaper or watch the evening news these days without seeing stories about the current mortgage crisis and the fraud that goes along with it. The FBI, of course, plays a major role in investigating mortgage fraud-and our caseload has more than tripled in the past five years.

Mortgage Rates Drop Again; Existing-Home Sales and Prices Climb MBS RECAP: Pain Trade Continues Despite Weaker Econ Data Mortgage Rates Drop Again; Existing-Home Sales and Prices Climb Home sales fell in April despite a big drop in mortgage rates – A sizable drop in mortgage interest rates didn’t do much to help home sales in April, as high prices and tight supply at the low end of the market continued.

The Truth About Your Mortgage - Secrets the Banks Don't Want You to Know  · Hi and thanks for using Just Answer One of the signs of mortgage fraud and/or predatory lending is the fact that your house is not worth nearly as much as it was evaluated for at the time of your mortgage. Additional facts are needed to really answer your question properly. Have a great one!

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It had his name, the mortgage company’s name and the roofing contractor’s name. "Their name is on the check but I don’t want them to do the work," Roberts said. On Your Side told Roberts to go back to.

The S & P 500 “Death Cross” and what it means for mortgage rates The S & P 500 "Death Cross" and what it means for mortgage rates While most economists agree that mortgage rates are trending higher in the long run, there are some signs that mortgage rates.

How to Avoid Becoming a Victim. Although there has been a rise in mortgage fraud schemes in recent years, there are things you can do to prevent becoming a victim.

If you’re worried about being a victim of mortgage fraud it helps to be familiar with closing documents. If you know what to look for on these documents you can avert mortgage fraud. Knowing what you’re signing can save you money and protect you and your family from mortgage fraud.

Avoiding Fraud. To protect yourself from a lending agent or mortgage broker who might not have your best interests at heart, do not leave any blanks on a mortgage application. You do not want to be held responsible for a mortgage you cannot afford or be the potential victim of fraud.

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You may be a victim of loan modification fraud if your lender forecloses on you during or shortly after the process of obtaining a loan modification. Mortgage companies cannot pursue a foreclosure while a loan modification is in the process or while consumers are actively working with their banks to obtain a modification.

How not to be a victim of fraud. Don’t pay upfront for a promise.. White Sands Federal Credit Union is committed to providing a website that is accessible to the widest possible audience in accordance with the WCAG 2.0 standards and guidelines. We are actively working to increase.

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