With the large number of foreclosures to hit this country over the last few years, con artists have come out of the woodwork to prey on those in trouble — including real estate investors.
The number of schemes, and those being caught and charged, can be found in the news and on many internet website like Mortgage Fraud Blog (www.mortgagefraudblog.com).
This short 2-minute video by Freddie Mac teaches you how to spot a foreclosure scam and find out how to avoid becoming victim to home foreclosure fraud.
Do you know someone who’s been victimized? Do you think this problem is getting worse?