Foreclosure Rescue Scams: Red Flags and Real Help

If you are at risk of losing your home because of financial problems, beware of so-called “foreclosure rescue scams” promising to help. In this podcast, Federal Trade Commission Attorney Carol Kando-Pineda describes the warning signs of these types of scams and where to find legitimate help if you have fallen behind on your mortgage payments.

Resources:

Contact the Federal Trade Commission at www.FTC.gov if you think you have been a victim of a scam. To get in touch with a credit counselor, contact the Homeowner Preservation Foundation at 888-995-HOPE or www.995hope.org/.