BEWARE OF MORTGAGE SCAMS

In response to increased mortgage related fraud, a new coordinated effort across federal and state government and the private sector has been launched to target mortgage loan modification fraud and foreclosure rescue scams. While authorities are making progress in combating these scams, the best way to protect yourself is to always be cautions. Here are a few tips to help you avoid mortgage:
There is never a fee to get assistance or information about Making Home Affordable from your lender or a HUD-approved housing counselor.
Beware of any person or organization that asks you to pay a fee in exchange for housing counseling services or modification of a delinquent loan. Do not pay – walk away!
Beware of anyone who says they can “save” your home if you sign or transfer over the deed to your house. Do not sign over the deed to your property to any organization or individual unless you are working directly with your mortgage company to forgive your debt.
Never submit your mortgage payments to anyone other than your mortgage company without their approval. For more information, or if you think you may have been the victim of mortgage related fraud, visit the FBI's mortgage fraud information page here:

fbi.gov/hq/mortgage_fraud.htm