STICKY – Avoiding Mortgage Fraud & Foreclosure Scams
Posted by Clay on April 25th, 2009Mortgage fraud is becoming more and more common.
To help you protect yourself, Freedie Mac released this video explaining common fraud schemes and how to spot red flags:
You can also learn more on this topic following these links:
- 5 tips from the Federal Reserve to avoid Foreclosure scams
- Freddie Mac: Avoiding Mortgage Fraud
- Freddie Mac: Mortgage Fraud Schemes
If you are contacted by scam artists, it is important to report them and their scheme to state and federal authorities, to help stop the preying on innocent borrowers.
Clay MADISEN is a full time real estate broker and REALTOR® with 18 years of experience in the San Diego market.
