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9 October 2017
In the wake of the Equifax data breach, you may want to order a credit freeze.But be warned: At freeze could complicate your life if you apply for a mortgage or other loan.
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30 October 2013
Foreclosure rescue scams are becoming more sophisticated, as perpetrators of such frauds devise more complicated schemes for taking advantage of homeowners seeking to avoid foreclosure.
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9 February 2011
Consumers thinking of taking out a mortgage in the near future should check their credit reports to make sure their credit hasn't been dinged by a claim for unpaid late fees for movie or video game rentals.
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2 February 2011
The Federal Reserve has decided not to proceed with new rules that would limit a consumer's right to escape a fraudulent mortgage, choosing instead to cede the authority to the newly forming Consumer Financial Protection Bureau (CFPB).
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26 June 2009
Mortgage fraud doesn't have to ruin a borrower's personal or financial life.It can be prevented by paying attention to warning signs and red flags that are often noticeable in advance. .
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1 June 2009
In addition to federal laws and agencies that deal with mortgage fraud, each state has its own laws and institutions for addressing the issue.
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30 May 2009
The second major category of mortgage frauds targets consumers.Foremost among these are foreclosure rescue and mortgage debt relief scams.These scams seek to take advantage of homeowners who are falling behind on their mortgages or property taxes and are afraid of losing their homes.
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6 January 2009
More mortgage loan applicants are committing mortgage fraud by lying on their applications.Experts say a tight lending environment is to blame.
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