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Beware of Scams

Stressed homeowners are being targeted by “foreclosure consultants” or “mortgage modification companies.”

These scam artists make great promises, but fail to deliver truth or tell you to stop paying your mortgage or charge large amounts of money to help.  Once these companies receive payments, the homeowner can no longer get in contact with them.

You can learn more about protecting yourself from various scams by going to the following Web sites:

http://www.consumer.ftc.gov/blog/avoid-credit-card-interest-rate-reduction-scams

http://www.consumer.ftc.gov/articles/0100-mortgage-relief-scams

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