Tag Archives: Foreclosure Relief Scams

“Vigilant, well-informed homeowners are the best protection against these deceitful mortgage rescue scams.”

One of the steps Freddie Mac lists for borrowers to take in order to avoid being the victim of a scam is, first and foremost, calling your servicer. The borrower's servicer is the only one who can modify the mortgage or finalize a loss mitigation plan – anyone other than the servicer who professes the ability to do so is a scammer, especially if they require the payment of an upfront fee.

According to the CFPB, the Hoffman Law group was set up to give the appearance that it would give specialized legal help to distressed homeowners who were either seeking mortgage loan modifications or trying to avoid foreclosure.