Homeowners Beware
These so-called “foreclosure rescue companies”; claim they will help save your home, but in reality are out to make a profit — at your expense. If you are at risk of or in foreclosure, you should be on the lookout for foreclosure scams.
Red Flags for Foreclosure Rescue Scams
Asks for money upfront before providing any service
Instructs you not to contact your lender, lawyer, housing counselor, family, friends or others.
Asks for mortgage payments to be made directly to his or her company or a bank account set up by that person, rather than your lender.
Requires payment only in the form of cash, […]