State Warns Homeowners to be Wary of Mortgage Loan-Modification Scams
California homeowners need to be on the lookout for scammers offering to alter and decrease their mortgage payments, according to the California Department of Justice, which has received numerous complaints from homeowners and mortgage servicers expressing concern about fraudulent mortgage loan modifications. How does it work? Masquerading as mortgage servicers or representatives from the Home Affordable Modification Program (HAMP), these