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How to spot and avoid mortgage assistance or foreclosure relief scams
Don’t be fooled. Look for these warning signs:
The mortgage assistance or foreclosure relief scheme . . .
- Tells you to stop making mortgage loan payments. Doing that can hurt your credit score and limit your options.
- Charges up front fees.
- Asks you to make your payments to someone other than your lender or servicer.
- Tries to get you to sign over title to your property.
- Pushes you to sign papers or contracts that you don’t understand.
- Pressures you to act immediately.
- Says they’re doing a “forensic audit” of your loan.
