Mortgage Rescue Fraud Still Out There-BE CAREFUL!!

Well, even though, according to the Financial Crimes Enforcement Network, there were fewer reports filed in 2012 (latest available numbers) of mortgage fraud. But, what is more important to you if you're in difficulties with your loan, the number of mortgage rescue frauds is still on the rise. In the same period, fraudulent rescue scams rose to 4,427, up 58 percent from 2,799 in 2011. What does this mean for you if you're having trouble keeping your mortgage head above water? Simple! There are still vermin out there more than happy to take your money and/or home from you under the guise of helping you out of your trouble. The rules to avoid these scum are still quite simple. If a deal or offer for assistance sounds too good to be true, it probably is. Use common sense. Also, if someone approaches you with a 'guaranteed' plan to save your home from foreclosure, as for all information. Also, be prepared to run as fast as possible in the other direction when your 'mortgage savior' asks for an upfront fee for his services. That's a guaranteed clue that the only person he's interested in helping is himself--to your money or home, which, in the latter case, he'll try to add a mortgage to, or sell, and pocket the money in either case. If you suspect someone of attempting a mortgage rescue fraud, you can also do everyone else a favor by 'dropping a dime' on him. Call your local consumer fraud division of the local district attorney or your local law enforcement agency. Good Luck!