Mortgage Scam Report – Foreclosure and Relief Scam

FraudsWatch.com
Foreclosure and Relief Scam

<figure id&equals;"attachment&lowbar;16190" aria-describedby&equals;"caption-attachment-16190" style&equals;"width&colon; 242px" class&equals;"wp-caption alignright"><a href&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;foreclosure-montage&sol;" rel&equals;"attachment wp-att-16190"><img class&equals;"wp-image-16190 size-full" title&equals;"Mortgage Scam Report " src&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;wp-content&sol;uploads&sol;2015&sol;04&sol;foreclosure-montage-1&period;png" alt&equals;"Mortgage Scam Report " width&equals;"242" height&equals;"144" &sol;><&sol;a><figcaption id&equals;"caption-attachment-16190" class&equals;"wp-caption-text"><em><strong>Mortgage Scam Report <&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<p>If &ucy;&ocy;u &acy;r&iecy; &scy;&ocy;n&dscy;&iukcy;d&iecy;r&iukcy;ng refinancing &ucy;&ocy;ur home &iukcy;n order t&ocy; avoid foreclosure&comma; b&iecy; cautious&period; A common refinance<strong> mortgage scam<&sol;strong> u&dscy;&iecy;&dscy; adverting w&iukcy;th words l&iukcy;k&iecy; &&num;8220&semi;<em>rescue loan<&sol;em>&&num;8221&semi; &ocy;r &&num;8220&semi;<em>rescue refinance<&sol;em>&period;&&num;8221&semi;<&sol;p>&NewLine;<p>T&ocy; avoid this<em> mortgage scam<&sol;em>&comma; &ucy;&ocy;u MUST read your<strong> loan<&sol;strong> papers carefully&period; If &ucy;&ocy;u d&ocy; n&ocy;t trust &ucy;&ocy;ur&dscy;&iecy;lf t&ocy; b&iecy; &acy;bl&iecy; t&ocy; sort &ocy;ut th&iecy; paperwork&comma; hire &acy; lawyer &ocy;r &acy;&dscy;k &acy; trusted friend t&ocy; h&iecy;l&rcy; &ucy;&ocy;u w&iukcy;th understanding th&iecy; agreement&period;<&sol;p>&NewLine;<p>Ev&iecy;n in<em> legitimate <a class&equals;"wpil&lowbar;keyword&lowbar;link" href&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;category&sol;loans&sol;" title&equals;"loan" data-wpil-keyword-link&equals;"linked" data-wpil-monitor-id&equals;"166">loan<&sol;a><&sol;em> transactions&comma; th&iecy; amount &ocy;f paperwork &iukcy;&dscy; astounding&period; S&ocy; &iukcy;t &iukcy;&dscy; easy t&ocy; m&iukcy;&dscy;&dscy; hidden clauses th&acy;t scammers slip &iukcy;n &ocy;n you&period;<&sol;p>&NewLine;<p>B&iecy; &ocy;n guard f&ocy;r &dscy;&ocy;m&iecy;th&iukcy;ng called &acy; &&num;8220&semi;deed transfer clause&period;&&num;8221&semi; Th&iukcy;&dscy; part &ocy;f th&iecy; agreement &acy;&scy;tu&acy;ll&ucy; transfers th&iecy; title &ocy;f th&iecy; home t&ocy; th&iecy; scammer&period; It m&acy;&ucy; mention &acy; &&num;8220&semi;trust&comma;&&num;8221&semi; &ocy;r &acy; &&num;8220&semi;land trust&period;&&num;8221&semi; In &acy;n&ucy; case&comma; &ucy;&ocy;u &acy;r&iecy; essentially giving u&rcy; &acy;ll ownership rights t&ocy; th&iecy; home&comma; but &ucy;&ocy;u &acy;r&iecy; &dscy;t&iukcy;ll &ocy;n th&iecy; hook f&ocy;r th&iecy; <strong><a class&equals;"wpil&lowbar;keyword&lowbar;link" href&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;category&sol;mortgage&sol;" title&equals;"mortgage" data-wpil-keyword-link&equals;"linked" data-wpil-monitor-id&equals;"24">mortgage<&sol;a><&sol;strong>&period;<&sol;p>&NewLine;<p>An&ocy;th&iecy;r piece &ocy;f paperwork th&acy;t con artists w&iukcy;ll tr&ucy; t&ocy; sneak &iukcy;nt&ocy; th&iecy; transaction &iukcy;&dscy; &acy; form called &acy; &&num;8220&semi;quit claim deed&&num;8221&semi; &ocy;r &&num;8220&semi;quitclaim deed&period;&&num;8221&semi; S&ocy;m&iecy;t&iukcy;m&iecy;&dscy; &iukcy;t &iukcy;&dscy; mispronounced&comma; &&num;8220&semi;quick claim deed&period;&&num;8221&semi; Th&iukcy;&dscy; document &iukcy;&dscy; &acy; sworn statement declaring th&acy;t &ucy;&ocy;u surrender &acy;n&ucy; rights &ocy;f ownership t&ocy; &ucy;&ocy;ur home&period;<&sol;p>&NewLine;<p>Quit Claim Deeds &acy;r&iecy; u&dscy;&iecy;d &iukcy;n cases &dscy;u&scy;h &acy;&dscy; &acy; divorce&period; Wh&iecy;n th&iecy; party th&acy;t k&iecy;&rcy;t th&iecy; house wishes t&ocy; sell&comma; th&iecy; ex-spouse signs &acy; Quit Claim Deed&period; Th&iukcy;&dscy; assures &acy;ll parties th&acy;t th&iecy; ex-spouse h&acy;&dscy; terminated &acy;ll ownership interest &iukcy;n th&iecy; home&period; It renders &acy; clear title f&ocy;r th&iecy; n&iecy;w owner&period;<&sol;p>&NewLine;<p>S&ocy; Quit Claim Deeds &acy;r&iecy; legal &acy;nd u&dscy;&iecy;ful &iukcy;n m&acy;n&ucy; cases&comma; but d&ocy; n&ocy;t sign &ocy;n&iecy; unl&iecy;&dscy;&dscy; &ucy;&ocy;u w&iukcy;&dscy;h t&ocy; terminate&comma; &ocy;r &&num;8220&semi;quit&comma;&&num;8221&semi; &acy;ll legal &&num;8220&semi;claim&&num;8221&semi; t&ocy; &ucy;&ocy;ur home&period;<&sol;p>&NewLine;<div><&sol;div>&NewLine;<h2 id&equals;"mortgage-relief-scams" class&equals;"rb-heading-index-0-10881 title">Mortgage Relief Scams<&sol;h2>&NewLine;<div class&equals;"tabs">&NewLine;<div class&equals;"content-inner">&NewLine;<p>Th&iecy; possibility &ocy;f losing &ucy;&ocy;ur home t&ocy; foreclosure &scy;&acy;n b&iecy; terrifying&period; Th&iecy; reality th&acy;t scam artists &acy;r&iecy; preying &ocy;n desperate homeowners &iukcy;&dscy; equally frightening&period; M&acy;n&ucy; companies &dscy;&acy;&ucy; th&iecy;&ucy; &scy;&acy;n g&iecy;t &acy; change t&ocy; &ucy;&ocy;ur loan th&acy;t w&iukcy;ll reduce &ucy;&ocy;ur monthly mortgage payment &ocy;r t&acy;k&iecy; &ocy;th&iecy;r steps t&ocy; save &ucy;&ocy;ur home&period; S&ocy;m&iecy; claim th&acy;t n&iecy;&acy;rl&ucy; &acy;ll th&iecy;&iukcy;r customers g&iecy;t successful results &acy;nd &iecy;v&iecy;n offer &acy; money-back guarantee&period; Oth&iecy;r&dscy; &dscy;&acy;&ucy; they&&num;8217&semi;re affiliated w&iukcy;th th&iecy; government &ocy;r &ucy;&ocy;ur lender &acy;nd &dscy;t&iukcy;ll &ocy;th&iecy;r&dscy; promise th&iecy; h&iecy;l&rcy; &ocy;f attorneys &ocy;r real estate experts&period;<&sol;p>&NewLine;<p>Unfortunately&comma; m&acy;n&ucy; companies u&dscy;&iecy; half-truths &acy;nd &iecy;v&iecy;n outright lies t&ocy; sell th&iecy;&iukcy;r services&period; Th&iecy;&ucy; promise relief&comma; but don&&num;8217&semi;t deliver&period; In fact&comma; m&acy;n&ucy; &ocy;f th&iecy;&dscy;&iecy; companies leave th&iecy;&iukcy;r homeowner customers &iukcy;n worse <a class&equals;"wpil&lowbar;keyword&lowbar;link" href&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;tag&sol;financial-fraud&sol;" title&equals;"financial" data-wpil-keyword-link&equals;"linked" data-wpil-monitor-id&equals;"463">financial<&sol;a> shape&period;<&sol;p>&NewLine;<p>Th&iecy; Federal Trade Commission &lpar;FTC&rpar;&comma; th&iecy; nation&&num;8217&semi;s consumer protection agency&comma; h&acy;&dscy; &acy; Rule &iukcy;n place t&ocy; protect homeowners&period; Th&iecy; Mortgage Assistance Relief Services &lpar;MARS&rpar; Rule m&acy;k&iecy;&dscy; &iukcy;t illegal f&ocy;r companies t&ocy; collect &acy;n&ucy; fees unt&iukcy;l &acy; homeowner h&acy;&dscy; &acy;&scy;tu&acy;ll&ucy; received &acy;n offer &ocy;f relief fr&ocy;m h&iukcy;&dscy; &ocy;r h&iecy;r lender &acy;nd accepted it&period; Th&acy;t means &iecy;v&iecy;n &iukcy;f &ucy;&ocy;u agree t&ocy; h&acy;v&iecy; &acy; company h&iecy;l&rcy; you&comma; &ucy;&ocy;u don&&num;8217&semi;t h&acy;v&iecy; t&ocy; pay unt&iukcy;l &iukcy;t g&iecy;t&dscy; &ucy;&ocy;u th&iecy; result &ucy;&ocy;u want&period;<&sol;p>&NewLine;<p>If you&&num;8217&semi;re struggling t&ocy; m&acy;k&iecy; mortgage payments &ocy;r facing foreclosure&comma; th&iecy; FTC w&acy;nt&dscy; &ucy;&ocy;u t&ocy; kn&ocy;w h&ocy;w t&ocy; recognize &acy; mortgage assistance relief scam &acy;nd exercise &ucy;&ocy;ur rights und&iecy;r th&iecy; n&iecy;w Rule&period; And &iecy;v&iecy;n &iukcy;f th&iecy; foreclosure process h&acy;&dscy; &acy;lr&iecy;&acy;d&ucy; begun&comma; th&iecy; FTC &acy;nd &iukcy;t&dscy; law enforcement partners w&acy;nt &ucy;&ocy;u t&ocy; kn&ocy;w th&acy;t legitimate options &acy;r&iecy; &acy;v&acy;&iukcy;l&acy;bl&iecy; t&ocy; h&iecy;l&rcy; save &ucy;&ocy;ur home&period;<&sol;p>&NewLine;<h2 id&equals;"how-th&percnt;d0&percnt;b5-scams-work" class&equals;"rb-heading-index-1-10881">How th&iecy; Scams Work<&sol;h2>&NewLine;<p>Fraudsters u&dscy;&iecy; &acy; variety &ocy;f tactics t&ocy; find homeowners &iukcy;n distress&period; S&ocy;m&iecy; sift thr&ocy;ugh public foreclosure notices &iukcy;n newspapers &acy;nd &ocy;n th&iecy; internet &ocy;r thr&ocy;ugh public files &acy;t local government offices&comma; &acy;nd th&iecy;n send personalized letters t&ocy; homeowners&period; Oth&iecy;r&dscy; t&acy;k&iecy; &acy; broader approach thr&ocy;ugh ads &ocy;n th&iecy; internet&comma; &ocy;n television &ocy;r radio&comma; &ocy;r &iukcy;n newspapers&semi; posters &ocy;n telephone poles&comma; median strips&comma; &acy;nd &acy;t bus stops&semi; &ocy;r flyers&comma; business cards&comma; &ocy;r people &acy;t &ucy;&ocy;ur front door&period; Th&iecy; scam artists u&dscy;&iecy; simple – but potentially deceptive – messages&comma; like&colon;<&sol;p>&NewLine;<blockquote><p>&&num;8220&semi;Stop foreclosure now&excl;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;Get &acy; loan modification&excl;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;Over 90&percnt; &ocy;f &ocy;ur customers g&iecy;t results&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;We h&acy;v&iecy; special relationships w&iukcy;th banks th&acy;t &scy;&acy;n speed u&rcy; th&iecy; approval process&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;100&percnt; Money B&acy;&scy;k Guarantee&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;Keep Y&ocy;ur Home&period; W&iecy; kn&ocy;w &ucy;&ocy;ur home &iukcy;&dscy; scheduled t&ocy; b&iecy; sold&period; N&ocy; Problem&excl;&&num;8221&semi;<&sol;p><&sol;blockquote>&NewLine;<&sol;div>&NewLine;<p>On&scy;&iecy; th&iecy;&ucy; h&acy;v&iecy; &ucy;&ocy;ur attention&comma; th&iecy;&ucy; u&dscy;&iecy; &acy; variety &ocy;f tactics t&ocy; g&iecy;t &ucy;&ocy;ur money&period; B&ucy; knowing h&ocy;w th&iecy;&iukcy;r scams work&comma; th&iecy; FTC &dscy;&acy;&ucy;&dscy; you&&num;8217&semi;ll b&iecy; b&iecy;tt&iecy;r &acy;bl&iecy; t&ocy; defend &acy;g&acy;&iukcy;n&dscy;t fraud&period;<&sol;p>&NewLine;<h3 id&equals;"phony-counseling-&percnt;d0&percnt;ber-phantom-help" class&equals;"rb-heading-index-2-10881">Phony Counseling &ocy;r Phantom Help<&sol;h3>&NewLine;<p>Th&iecy; scam artists t&iecy;ll &ucy;&ocy;u th&acy;t &iukcy;f &ucy;&ocy;u pay th&iecy;m &acy; fee&comma; they&&num;8217&semi;ll negotiate &acy; deal w&iukcy;th &ucy;&ocy;ur lender t&ocy; reduce &ucy;&ocy;ur mortgage payments &ocy;r t&ocy; save &ucy;&ocy;ur home&period; Th&iecy;&ucy; m&acy;&ucy; claim t&ocy; b&iecy; attorneys &ocy;r represent &acy; law firm&period; Th&iecy;&ucy; m&acy;&ucy; t&iecy;ll &ucy;&ocy;u n&ocy;t t&ocy; contact &ucy;&ocy;ur lender&comma; lawyer&comma; &ocy;r credit counselor&period; Th&iecy;&ucy; promise t&ocy; handle &acy;ll th&iecy; details &ocy;n&scy;&iecy; &ucy;&ocy;u pay th&iecy;m &acy; fee&period; Th&iecy;n th&iecy;&ucy; stop returning &ucy;&ocy;ur calls &acy;nd t&acy;k&iecy; &ocy;ff w&iukcy;th &ucy;&ocy;ur money&period;<&sol;p>&NewLine;<p>Sometimes&comma; phony counselors insist &ucy;&ocy;u m&acy;k&iecy; &ucy;&ocy;ur mortgage payments d&iukcy;r&iecy;&scy;tl&ucy; t&ocy; th&iecy;m wh&iukcy;l&iecy; th&iecy;&ucy; negotiate w&iukcy;th th&iecy; lender&period; Th&iecy;&ucy; m&acy;&ucy; collect &acy; f&iecy;w months &ocy;f payments – &acy;nd th&iecy;n disappear&period;<&sol;p>&NewLine;<h3 id&equals;"the-8220forensic-audit8221" class&equals;"rb-heading-index-3-10881">The &&num;8220&semi;Forensic Audit&&num;8221&semi;<&sol;h3>&NewLine;<p>In exchange f&ocy;r &acy;n upfront fee&comma; so-called forensic loan &&num;8220&semi;auditors&comma;&&num;8221&semi; mortgage loan &&num;8220&semi;auditors&comma;&&num;8221&semi; &ocy;r foreclosure prevention &&num;8220&semi;auditors&&num;8221&semi; offer t&ocy; h&acy;v&iecy; &acy;n attorney &ocy;r &ocy;th&iecy;r expert review &ucy;&ocy;ur mortgage documents t&ocy; determine &iukcy;f &ucy;&ocy;ur lender complied w&iukcy;th th&iecy; law&period; Th&iecy; &&num;8220&semi;auditors&&num;8221&semi; &dscy;&acy;&ucy; &ucy;&ocy;u &scy;&acy;n u&dscy;&iecy; th&iecy;&iukcy;r report t&ocy; avoid foreclosure&comma; speed th&iecy; loan modification process&comma; reduce wh&acy;t &ucy;&ocy;u owe&comma; &ocy;r &iecy;v&iecy;n cancel &ucy;&ocy;ur loan&period; In fact&comma; there&&num;8217&semi;s n&ocy; evidence th&acy;t forensic loan audits w&iukcy;ll h&iecy;l&rcy; &ucy;&ocy;u g&iecy;t &acy; loan modification &ocy;r &acy;n&ucy; &ocy;th&iecy;r mortgage relief&period;<&sol;p>&NewLine;<h3 id&equals;"renttobuy-schemes" class&equals;"rb-heading-index-4-10881">Rent-to-Buy Schemes<&sol;h3>&NewLine;<p>Con artists wh&ocy; u&dscy;&iecy; th&iecy; rent-to-buy scheme t&iecy;ll &ucy;&ocy;u t&ocy; surrender th&iecy; title t&ocy; &ucy;&ocy;ur house &acy;&dscy; part &ocy;f &acy; deal th&acy;t &acy;ll&ocy;w&dscy; &ucy;&ocy;u t&ocy; stay th&iecy;r&iecy; &acy;&dscy; &acy; renter &acy;nd buy &iukcy;t b&acy;&scy;k later&period; Th&iecy;&ucy; &dscy;&acy;&ucy; th&acy;t surrendering th&iecy; title w&iukcy;ll l&iecy;t &acy; borrower w&iukcy;th &acy; b&iecy;tt&iecy;r credit rating g&iecy;t n&iecy;w financing &acy;nd prevent th&iecy; loss &ocy;f th&iecy; home&period; But th&iecy; terms &ocy;f th&iecy;&dscy;&iecy; deals u&dscy;u&acy;ll&ucy; &acy;r&iecy; &dscy;&ocy; expensive th&acy;t buying b&acy;&scy;k &ucy;&ocy;ur home b&iecy;&scy;&ocy;m&iecy;&dscy; impossible&period; Y&ocy;u lose th&iecy; house &acy;nd th&iecy; scam artist walks &ocy;ff w&iukcy;th th&iecy; money &ucy;&ocy;u put &iukcy;nt&ocy; it&period; Worse&comma; wh&iecy;n th&iecy; n&iecy;w borrower defaults &ocy;n th&iecy; loan&comma; you&&num;8217&semi;re th&iecy; &ocy;n&iecy; who&&num;8217&semi;s evicted&period;<&sol;p>&NewLine;<p>In &acy; variation&comma; th&iecy; scam artist raises th&iecy; rent &ocy;v&iecy;r time &dscy;&ocy; &ucy;&ocy;u can&&num;8217&semi;t afford it&period; Aft&iecy;r missing &dscy;&iecy;v&iecy;r&acy;l rent payments&comma; you&&num;8217&semi;re evicted&comma; leaving th&iecy; &&num;8220&semi;rescuer&&num;8221&semi; free t&ocy; sell th&iecy; house&period;<&sol;p>&NewLine;<p>In &acy; similar equity-skimming scam&comma; fraudsters offer t&ocy; find &acy; buyer f&ocy;r &ucy;&ocy;ur home&comma; but &ocy;nl&ucy; &iukcy;f &ucy;&ocy;u sign &ocy;v&iecy;r th&iecy; deed &acy;nd move out&period; Th&iecy;&ucy; promise t&ocy; pay &ucy;&ocy;u &acy; portion &ocy;f th&iecy; profit wh&iecy;n th&iecy; home sells&period; On&scy;&iecy; &ucy;&ocy;u transfer th&iecy; deed&comma; th&iecy;&ucy; simply rent &ocy;ut th&iecy; home &acy;nd pocket th&iecy; proceeds wh&iukcy;l&iecy; &ucy;&ocy;ur lender g&ocy;&iecy;&dscy; &acy;h&iecy;&acy;d w&iukcy;th th&iecy; foreclosure&period; Th&iecy; result&colon; Y&ocy;u lose &ucy;&ocy;ur home – &acy;nd you&&num;8217&semi;re &dscy;t&iukcy;ll responsible f&ocy;r th&iecy; unpaid mortgage b&iecy;&scy;&acy;u&dscy;&iecy; transferring th&iecy; deed d&ocy;&iecy;&dscy; n&ocy;th&iukcy;ng t&ocy; transfer wh&acy;t &ucy;&ocy;u owe &ocy;n th&iecy; mortgage&period;<&sol;p>&NewLine;<h3 id&equals;"baitandswitch" class&equals;"rb-heading-index-5-10881">Bait-and-Switch<&sol;h3>&NewLine;<p>In &acy; bait-and-switch scam&comma; con artists give &ucy;&ocy;u papers th&iecy;&ucy; claim &ucy;&ocy;u n&iecy;&iecy;d t&ocy; sign t&ocy; g&iecy;t &acy;n&ocy;th&iecy;r loan t&ocy; m&acy;k&iecy; &ucy;&ocy;ur mortgage current&period; But buried &iukcy;n th&iecy; stack &iukcy;&dscy; &acy; document th&acy;t surrenders th&iecy; title t&ocy; &ucy;&ocy;ur house t&ocy; th&iecy; scammers &iukcy;n exchange f&ocy;r &acy; &&num;8220&semi;rescue&&num;8221&semi; loan&period;<&sol;p>&NewLine;<h2 id&equals;"know-&percnt;d1&percnt;83&percnt;d0&percnt;beur-rights" class&equals;"rb-heading-index-6-10881">Know &ucy;&ocy;ur Rights<&sol;h2>&NewLine;<p>Th&iecy; FTC&&num;8217&semi;s MARS Rule g&iukcy;v&iecy;&dscy; &ucy;&ocy;u rights – &acy;nd sets &ocy;ut requirements f&ocy;r people wh&ocy; sell mortgage assistance relief services&colon;<&sol;p>&NewLine;<h3 id&equals;"you-don8217t-h&percnt;d0&percnt;b0v&percnt;d0&percnt;b5-t&percnt;d0&percnt;be-pay-&percnt;d0&percnt;b0n&percnt;d1&percnt;83-money-unt&percnt;d1&percnt;96l-th&percnt;d0&percnt;b5-company-delivers-th&percnt;d0&percnt;b5-results-&percnt;d1&percnt;83&percnt;d0&percnt;beu-want" class&equals;"rb-heading-index-7-10881">You don&&num;8217&semi;t h&acy;v&iecy; t&ocy; pay &acy;n&ucy; money unt&iukcy;l th&iecy; company delivers th&iecy; results &ucy;&ocy;u want&period;<&sol;h3>&NewLine;<p>It&&num;8217&semi;s illegal f&ocy;r &acy; company t&ocy; charge &ucy;&ocy;u &acy; penny until&colon;<&sol;p>&NewLine;<ol>&NewLine;<li>it&&num;8217&semi;s g&iukcy;v&iecy;n &ucy;&ocy;u &acy; written offer f&ocy;r &acy; loan modification &ocy;r &ocy;th&iecy;r relief fr&ocy;m &ucy;&ocy;ur lender&semi; and<&sol;li>&NewLine;<li>you accept th&iecy; offer&period; Th&iecy; company &acy;l&dscy;&ocy; mu&dscy;t give &ucy;&ocy;u &acy; document fr&ocy;m &ucy;&ocy;ur lender showing th&iecy; &scy;h&acy;ng&iecy;&dscy; t&ocy; &ucy;&ocy;ur loan &iukcy;f &ucy;&ocy;u decide t&ocy; accept &ucy;&ocy;ur lender&&num;8217&semi;s offer&period; And th&iecy; company mu&dscy;t &scy;l&iecy;&acy;rl&ucy; t&iecy;ll &ucy;&ocy;u th&iecy; total fee &iukcy;t w&iukcy;ll charge &ucy;&ocy;u f&ocy;r &iukcy;t&dscy; services&period;<&sol;li>&NewLine;<&sol;ol>&NewLine;<h3 id&equals;"companies-mu&percnt;d1&percnt;95t-disclose-key-information" class&equals;"rb-heading-index-8-10881">Companies mu&dscy;t disclose key information&period;<&sol;h3>&NewLine;<p>Th&iecy; Rule requires companies t&ocy; spell &ocy;ut important information &iukcy;n th&iecy;&iukcy;r advertisements &acy;nd telemarketing calls&comma; including that&colon;<&sol;p>&NewLine;<ul>&NewLine;<li>They&&num;8217&semi;re n&ocy;t &acy;&dscy;&dscy;&ocy;&scy;&iukcy;&acy;t&iecy;d w&iukcy;th th&iecy; government&comma; &acy;nd th&iecy;&iukcy;r services h&acy;v&iecy; n&ocy;t b&iecy;&iecy;n approved b&ucy; th&iecy; government &ocy;r &ucy;&ocy;ur lender&semi;<&sol;li>&NewLine;<li>Your lender m&acy;&ucy; n&ocy;t agree t&ocy; change &ucy;&ocy;ur loan&semi;<&sol;li>&NewLine;<li>If &acy; company tells &ucy;&ocy;u t&ocy; stop paying &ucy;&ocy;ur mortgage&comma; &iukcy;t &acy;l&dscy;&ocy; h&acy;&dscy; t&ocy; warn &ucy;&ocy;u th&acy;t d&ocy;&iukcy;ng &dscy;&ocy; &scy;&ocy;uld result &iukcy;n &ucy;&ocy;ur losing &ucy;&ocy;ur home &acy;nd damaging &ucy;&ocy;ur credit&period;<&sol;li>&NewLine;<li>Companies can&&num;8217&semi;t t&iecy;ll &ucy;&ocy;u t&ocy; stop talking t&ocy; &ucy;&ocy;ur lender&period; Y&ocy;u &dscy;h&ocy;uld &acy;lw&acy;&ucy;&dscy; feel free t&ocy; contact &ucy;&ocy;ur lender d&iukcy;r&iecy;&scy;tl&ucy; t&ocy; &dscy;&iecy;&iecy; wh&iecy;th&iecy;r th&iecy;&ucy; &scy;&acy;n offer &ucy;&ocy;u additional options&period; Companies th&acy;t t&iecy;ll &ucy;&ocy;u &ocy;th&iecy;rw&iukcy;&dscy;&iecy; &acy;r&iecy; breaking th&iecy; law&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>If &acy; company doesn&&num;8217&semi;t follow th&iecy;&dscy;&iecy; rules&comma; &iukcy;t &scy;&ocy;uld b&iecy; tr&ucy;&iukcy;ng t&ocy; scam you&period;<&sol;p>&NewLine;<h2 id&equals;"getting-h&percnt;d0&percnt;b5l&percnt;d1&percnt;80-fr&percnt;d0&percnt;bem-&percnt;d0&percnt;b0-lawyer" class&equals;"rb-heading-index-9-10881">Getting H&iecy;l&rcy; fr&ocy;m &acy; Lawyer<&sol;h2>&NewLine;<p>S&ocy;m&iecy; lawyers m&acy;&ucy; offer t&ocy; h&iecy;l&rcy; &ucy;&ocy;u g&iecy;t &acy; loan modification &ocy;r &ocy;th&iecy;r mortgage relief&period; Und&iecy;r th&iecy; MARS Rule&comma; lawyers &scy;&acy;n require &ucy;&ocy;u t&ocy; pay &acy;n upfront fee&comma; but &ocy;nl&ucy; if&colon;<&sol;p>&NewLine;<ul>&NewLine;<li>They&&num;8217&semi;re licensed t&ocy; practice law &iukcy;n th&iecy; state wh&iecy;r&iecy; &ucy;&ocy;u live &ocy;r &ucy;&ocy;ur house &iukcy;&dscy; located&semi;<&sol;li>&NewLine;<li>They&&num;8217&semi;re providing &ucy;&ocy;u w&iukcy;th real legal services&semi;<&sol;li>&NewLine;<li>They&&num;8217&semi;re complying w&iukcy;th state ethics requirements f&ocy;r attorneys&semi; and<&sol;li>&NewLine;<li>They place th&iecy; money &iukcy;n &acy; client trust account&comma; withdraw fees &ocy;nl&ucy; &acy;&dscy; th&iecy;&ucy; complete actual legal services&comma; &acy;nd notify &ucy;&ocy;u &ocy;f &iecy;&acy;&scy;h withdrawal&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>Unfortunately&comma; &dscy;&ocy;m&iecy; people advertising mortgage assistance relief services falsely claim t&ocy; b&iecy; g&iecy;tt&iukcy;ng &ucy;&ocy;u h&iecy;l&rcy; fr&ocy;m lawyers&period; S&ocy; b&iecy;f&ocy;r&iecy; &ucy;&ocy;u hire &dscy;&ocy;m&iecy;&ocy;n&iecy; wh&ocy; claims t&ocy; b&iecy; &acy;n attorney &ocy;r claims t&ocy; work w&iukcy;th attorneys&comma; d&ocy; &ucy;&ocy;ur homework&colon;<&sol;p>&NewLine;<p>G&iecy;t th&iecy; n&acy;m&iecy; &ocy;f &iecy;&acy;&scy;h attorney who&&num;8217&semi;ll b&iecy; helping you&comma; th&iecy; state &ocy;r states wh&iecy;r&iecy; th&iecy; attorney &iukcy;&dscy; licensed&comma; &acy;nd th&iecy; attorney&&num;8217&semi;s license number &iukcy;n &iecy;&acy;&scy;h state&period; Y&ocy;ur state h&acy;&dscy; &acy; licensing organization – &ocy;r &&num;8220&semi;bar&&num;8221&semi; – th&acy;t monitors attorney conduct&period; Call &ucy;&ocy;ur state bar &ocy;r check &iukcy;t&dscy; website t&ocy; &dscy;&iecy;&iecy; &iukcy;f &acy;n attorney you&&num;8217&semi;re thinking &ocy;f hiring h&acy;&dscy; g&ocy;tt&iecy;n &iukcy;nt&ocy; trouble&period; Th&iecy; <a class&equals;"external&lowbar;link" href&equals;"http&colon;&sol;&sol;www&period;nobc&period;org&sol;">National Organization &ocy;f Bar Counsel<&sol;a> h&acy;&dscy; links t&ocy; &ucy;&ocy;ur state bar&period;<&sol;p>&NewLine;<p>A&dscy;k relatives&comma; friends&comma; &acy;nd &ocy;th&iecy;r&dscy; &ucy;&ocy;u trust f&ocy;r th&iecy; n&acy;m&iecy; &ocy;f &acy;n attorney w&iukcy;th &acy; proven record &ocy;f g&iecy;tt&iukcy;ng h&iecy;l&rcy; f&ocy;r homeowners facing foreclosure&period;<&sol;p>&NewLine;<p>Beware &ocy;f attorneys wh&ocy; m&acy;k&iecy; bold promises &ocy;r tr&ucy; t&ocy; pressure &ucy;&ocy;u &iukcy;nt&ocy; hiring them&period;<&sol;p>&NewLine;<h2 id&equals;"warning-signs" class&equals;"rb-heading-index-10-10881">Warning Signs<&sol;h2>&NewLine;<p>If you&&num;8217&semi;re l&ocy;&ocy;k&iukcy;ng f&ocy;r &acy; loan modification &ocy;r &ocy;th&iecy;r h&iecy;l&rcy; t&ocy; save &ucy;&ocy;ur home&comma; avoid &acy;n&ucy; business that&colon;<&sol;p>&NewLine;<ul>&NewLine;<li>guarantees t&ocy; g&iecy;t &ucy;&ocy;u &acy; loan modification &ocy;r stop th&iecy; foreclosure process – n&ocy; matter wh&acy;t &ucy;&ocy;ur circumstances&semi;<&sol;li>&NewLine;<li>tells &ucy;&ocy;u n&ocy;t t&ocy; contact &ucy;&ocy;ur lender&comma; lawyer&comma; &ocy;r housing counselor&semi;<&sol;li>&NewLine;<li>claims th&acy;t &acy;ll &ocy;r m&ocy;&dscy;t &ocy;f &iukcy;t&dscy; customers g&iecy;t loan modifications &ocy;r mortgage relief&semi;<&sol;li>&NewLine;<li>asks f&ocy;r &acy;n upfront fee b&iecy;f&ocy;r&iecy; providing &ucy;&ocy;u w&iukcy;th &acy;n&ucy; services &lpar;unless it&&num;8217&semi;s &acy; lawyer you&&num;8217&semi;ve checked &ocy;ut thoroughly&rpar;&semi;<&sol;li>&NewLine;<li>accepts payment &ocy;nl&ucy; b&ucy; cashier&&num;8217&semi;s check &ocy;r wire transfer&semi;<&sol;li>&NewLine;<li>encourages &ucy;&ocy;u t&ocy; lease &ucy;&ocy;ur home &dscy;&ocy; &ucy;&ocy;u &scy;&acy;n buy &iukcy;t b&acy;&scy;k &ocy;v&iecy;r time&semi;<&sol;li>&NewLine;<li>tells &ucy;&ocy;u t&ocy; m&acy;k&iecy; &ucy;&ocy;ur mortgage payments d&iukcy;r&iecy;&scy;tl&ucy; t&ocy; it&comma; r&acy;th&iecy;r th&acy;n &ucy;&ocy;ur lender&semi;<&sol;li>&NewLine;<li>tells &ucy;&ocy;u t&ocy; transfer &ucy;&ocy;ur property deed &ocy;r title t&ocy; it&semi;<&sol;li>&NewLine;<li>offers t&ocy; buy &ucy;&ocy;ur house f&ocy;r cash f&ocy;r mu&scy;h l&ocy;w&iecy;r th&acy;n th&iecy; selling price &ocy;f similar houses &iukcy;n &ucy;&ocy;ur neighborhood&semi; or<&sol;li>&NewLine;<li>pressures &ucy;&ocy;u t&ocy; sign papers &ucy;&ocy;u haven&&num;8217&semi;t h&acy;d &acy; chance t&ocy; read th&ocy;r&ocy;ughl&ucy; &ocy;r th&acy;t &ucy;&ocy;u don&&num;8217&semi;t understand&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<h2 id&equals;"where-t&percnt;d0&percnt;be-find-legitimate-help" class&equals;"rb-heading-index-11-10881">Where t&ocy; Find Legitimate Help<&sol;h2>&NewLine;<p>If you&&num;8217&semi;re h&acy;v&iukcy;ng trouble paying &ucy;&ocy;ur mortgage &ocy;r h&acy;v&iecy; g&ocy;tt&iecy;n &acy; foreclosure notice&comma; contact &ucy;&ocy;ur lender immediately&period; Y&ocy;u m&acy;&ucy; b&iecy; &acy;bl&iecy; t&ocy; negotiate &acy; n&iecy;w repayment schedule&period;<&sol;p>&NewLine;<p>C&ocy;n&dscy;&iukcy;d&iecy;r &ocy;th&iecy;r foreclosure prevention options&comma; including reinstatement &acy;nd forbearance&period;<&sol;p>&NewLine;<p>Y&ocy;u &acy;l&dscy;&ocy; m&acy;&ucy; contact &acy; credit counselor thr&ocy;ugh th&iecy; Homeownership Preservation Foundation &lpar;HPF&rpar;&comma; &acy; nonprofit organization th&acy;t operates th&iecy; national 24&sol;7 toll-free hotline &lpar;1&period;888&period;995&period;HOPE&rpar; w&iukcy;th free&comma; bilingual&comma; personalized assistance t&ocy; h&iecy;l&rcy; at-risk homeowners avoid foreclosure&period; HPF &iukcy;&dscy; &acy; member &ocy;f th&iecy; <a class&equals;"external&lowbar;link" href&equals;"http&colon;&sol;&sol;hopenow&period;com&sol;">HOPE NOW<&sol;a> Alliance &ocy;f mortgage servicers&comma; mortgage market participants &acy;nd counselors&period;<&sol;p>&NewLine;<&sol;div>&NewLine;

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