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FCC warns of 50-state scam by fraudsters posing as mortgage lenders. Kate Gibson. Updated January 15, 2025 at 2:16 PM. ... further convincing them of the call's legitimacy, the agency noted.
The mortgage industry’s use of “trigger leads” might be swamping your phone with spam calls. Here’s how you can opt out. ... mortgage lender and senior vice president at Rate.com ...
Unfortunately, these reverse-mortgage scams do nothing of the sort; their goal is actually to steal the equity of the property entirely, leaving senior citizens potentially destitute. 10. Fake ...
Seniors are taking the brunt of financial fraud to the tune of $3.4B+. Learn the most common peer-to-peer, impersonation and other scams on the rise to keep your money safe.
When a scammer calls, silence is golden. ‘People are losing their life savings’: Seven Maryland residents lost $6.3 million in a gold bar scam targeting seniors. How to make sure this doesn ...
Mortgage elimination is a type of mortgage fraud in the United States.In this scam, the promoter first convinces a mortgage holder that the debt that has been contracted is invalid or legally unenforceable, usually due to a combination of alleged technicalities in the note, deed of trust, or other loan documentation signed; the promoters often link their rationale for debt elimination to ...
A new report from Retirement Living has revealed that Georgia ranks No. 1 in the nation for fraud victims, with 1,564 reports per 100,000 residents.. The peach state also has the highest rate of ...
Here are examples of three of the most common scams out there today and how to block these spam calls. 1. One-Ring Scams. Scammers use one-ring scams to get you, the victim, to call back. The ...