Red Flags: Be Wary of Mortgage Scams



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Red Flags: Be Wary of Mortgage Scams



By John Voket, RISMedia Consumer
Confidant





With the uptick in mortgage and loan fraud in recent years, we tapped the
Federal Trade Commission and continue our look at the agency's list of red
flags to help you stay safe from scam artists and fraudulent mortgage or loan
purveyors.



The FTC says watch out for:





Most
importantly -- if you think you’ve had an experience with an advance-fee loan
scam, report it to the FTC at ftc.gov or call toll-free, 1-877-FTC-HELP.

 

RIS MEDIA