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Loan Scam and Fraud Information

We have published a lot of information, here and elsewhere, on a wide variety of topics related to home equity loans and mortgages. We will add them regularly as we continue to publish them.

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Look out for appraisal fraud when seeking a home loan
Appraisers are being pressured

Watch out for a lingering lien
Old loans may still be on your credit report

Beware of the home equity stripping scam!
Thieves lend money but really want your house!

Interest-only mortgages can be risky
You could end up owing more than your home is worth!

Reverse mortgage - be sure you need one
You still pay the fees if you don’t use the money

Research your lender carefully
Some dishonest lenders are out there

Debt consolidation requires discipline
Failing to use it could make a bad situation worse

Georgia is the nation’s mortgage fraud capital
Fraud is rampant throughout the Southeast

100% financing can hurt the housing market
The risk falls on the lender, not the buyer

Mortgages and risky home loans
An overview of some of the more dangerous loans

Mortgage fraud list of scams
Things you should know about

Mortgage fraud special prosecutor coming
Utah may be first in nation with specialist

HELOC - Beware of potential pitfalls
Beneficial loan comes with some caveats

Subprime loans can be dangerous
Don’t let your lender steer you towards one

Beware of straw man mortgage scam
You could get caught and not know it.

Mortgage fraud rampant throughout US
Boom in market fuels increased theft

Option ARMs are dangerous loans
You can end up over your head in debt quickly

Don’t pass on a home inspection
You could be risking a lot

Don’t use your equity for risky investments
If the market bursts you could see piles of debt

Lenders Urged to Be Careful With Risky Loans

Home equity theft through identity theft
They steal your identity and then your home!

Home equity mortgage elimination scam
The only thing they “eliminate” is your money!

Home equity deed theft scam
They offer “foreclosure help” but they’ll take your home

Recognizing the signs of market trouble
Don’t get caught owing too much money

Predatory lending - how to avoid it - Don’t be a victim

Home foreclosure law dangerous in California

Home equity loans and manufactured homes - Your home type may hurt you

Appraisal fraud solutions in the works - Will save millions in mortgage fraud

Mortgage fraud and tips to avoid It - Some suggestions from the FBI

Mortgage fraud is now a gang venture - It’s profitable and less dangerous than drugs

Predatory lending bill may harm consumers

Predatory lending tough in North Carolina - The state has the toughest laws in the country

Mortgage fraud end sought by Illinois legislature.

Appraisal fraud and how it can hurt you - still more reasons to be careful

Misleading home loan advertising - All is not as it seems

Deed theft sometimes from forged documents - You might not even know

Buying a home you have not seen - It can be tricky

Real estate fraud often targets Latinos

Mortgage fraud checklist - Suggestions for how to avoid being a victim

Closing costs add up with junk fees - Watch out

Two kinds of flipping - Two meanings - one good, one fraud

Predatory lending bill proposed in Rhode Island

 

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