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Consumer Alert: Beware foreclosure scams

Charles Slat at Consumer Alert has this post: Beware foreclosure scams, which is based on an advisory from Office of the Comptroller of the Currency.

A snippet:

“Foreclosure rescue con artists take advantage of vulnerable people who have fallen behind on their mortgages and may be facing foreclosure,” said Comptroller of the Currency John Dugan. “People facing difficulties with their mortgages should contact their lender – or a legitimate financial counselor – sooner rather than later Lenders are often in the best position to help by identifying options or modifying the loan, especially if the borrower is current on the loan or not seriously late on payments.”

If you live in southeast Michigan, check out the services offered by Green Path Debt Solutions. This agency was among the participants in Monroe’s Mortgage Solutions seminar held in March.

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