Wednesday, March 14, 2012

Scam Targets Distressed Homeowners By Peddling Applications For Loan Help From Unwitting, Legitimate Non-Profit For As Much As $900 A Pop

In Sacramento, California, the Sacramento Business Journal reports:

  • Another scam is making the rounds, this one targeting distressed homeowners. Scammers call homeowners, offering help to save their homes with an application for help from Keep Your Home California, bilking the victims for as much as $900.

  • But applying for help from Keep Your Home California is always free, from phone calls to getting mortgage help, according to a news release from the organization.

  • To avoid potential scams, the organization’s officials ask homeowners to call directly to get information about assistance with mortgages, at 888-954-5337.

  • Keep Your Home California, which is federally funded, has helped about 12,000 homeowners in the state keep their homes.

For the story, see Scam targets distressed homeowners.

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