Rescue scams target troubled homeowners
Monday, August 6th, 2007If you’re having trouble making your mortgage payment and fear losing your home, don’t grab the first financial life preserver that’s thrown your way.
It may sink you financially and cause you to actually lose your home.
Homeowners facing foreclosure are sitting ducks for scammers who tell consumers they can save their home but often push them into more of a financial quagmire.
While they’ve yet to see a surge of cases, officials and consumer advocates say they’re concerned that homeowners facing the loss of their home will be vulnerable to so-called foreclosure rescue scams.




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