McCollum: Be Wary of Scams Associated With Foreclosure Rescue, Loan Modification Offers

TALLAHASSEE, FL – March 8, 2010 – (RealEstateRama) — As part of National Consumer Protection Week, Attorney General Bill McCollum today issued a consumer advisory on foreclosure rescue services and foreclosure-related loan modification offers, one of the most frequent subjects of complaints to the Attorney General’s Office during 2009. With a second wave of mortgage fraud and foreclosure rescue fraud predicted for 2010, the Attorney General warned homeowners that disreputable companies and individuals will likely continue trying to capitalize on the current economic climate and consumers’ credit and mortgage concerns.