There Goes The Neighborhood Podcast: Scam #1 - Mortgage Modification

There Goes The Neighborhood Podcast: Scam #1 - Mortgage Modification. I've Been Denied A Loan Modification, Now What?

There Goes The Neighborhood Podcast: Scam #1 - Mortgage Modification video duration 2 Minute(s) 9 Second(s), published by WNYC on 12 04 2016 - 20:35:05.

How scammers trick homeowners to pay thousands of dollars to have their mortgage payments reduced, and then don't deliver
When real estate markets get This training for attorneys by Nick Wooten focuses on litigation against mortgage servicers
This is part 2 of 6.

Learn more about saving your home with the Making Home Affordable Program
Visit http://www.mha.gov
Thomas, from Southern Illinois, was laid off from his Our Happy & Satisfied Home Owner You may have applied for a loan modification and been denied
Now what can you do to save your home? The answer may very well be to file a Chapter 13 .

How scammers trick homeowners to pay thousands of dollars to have their mortgage payments reduced, and then don’t deliver.

When real estate markets get hot, scammers arrive to take advantage. The most popular trick is to find a homeowner who is in foreclosure or behind on their property taxes. The scammer convinces the homeowner to pay thousands of dollars to have their payments or interest rate reduced, but then takes the money and doesn’t deliver.

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Listen to the newest episode of the There Goes The Neighborhood podcast at http://www.wnyc.org/neighborhood.

Animation by: Clarisa Diaz, Jim O'Grady, WNYC