Mortgage Fraud is Far from Being a Dead Business

Posted by Unknown on Tuesday, July 19, 2011

You'd think that with national home ownership stats in the toilet and foreclosures on the rise mortgage that fraud would be down. But then you'd be underestimating the fiercely primitive survival strategy of the typical con artist. If the economy changes, they'll adapt their tactics to make it work. When it comes to targeting those who own their homes, the tricks have only gotten dirtier. People at risk for losing their homes need to make sure they avoid these scams in order to keep from having to move into self storage units, which, I assure you, is far worse than a mere rental.

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