Government Slams Mortgage Scams

Government cracking down on mortgage scams

 

Federal and state officials say they are cracking down on mortgage modification scams that target the Obama administration's efforts to make home loans more affordable.

 

The Treasury Department says "criminal actors" are seeking to take advantage of the administration's efforts to help modify or refinance 7 to 9 million mortgages and prevent home foreclosures.

 

full article

 

Victor Lloyd Smith

Millennium Lyon Asset Management

Web:      www.mlgcap.com

 

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