News & Events

Foreclosure Scam Notice

02/15/12 at 06:04 AM

For Immediate Release

February 10, 2012

Contact: Tom Birch, Director of Homeownership Counseling, 208 343 4065, tbirch@nhsid.org

Neighborhood Housing Services, Inc. (NHS) reminds consumers to beware of new scams

 

Boise, Idaho– With headlines touting bank foreclosure settlement and independent foreclosure review in the news some consumers might find a new twist to loan or foreclosure rescue scams.  NHS  and other government partners want to remind consumers to be cautious of potential scams.

“It’s getting much harder to identify the good guys from the bad guys these days,” says Tom Birch  “We have often told consumers to be wary of any offers not directly initiated by the consumer but in the case of the independent foreclosure review this is not the situation. Eligible consumers were mailed directly.”

Consumers should take advantage of free counseling and be wary of any firm that asks for an up-front fee.  Warning signs of a loan modification scam are:

  • Asks for fees in advance.
  • Guarantees that they’ll stop a foreclosure or get your loan modified.
  • Tells you to stop paying your mortgage company and to pay them instead

Foreclosure activity in Ada and Canyon county was 1 in every

NHS advises consumers to contact the Idaho Attorney General; a HUD certified counseling agency or the national Foreclosure Hotline.

  • Contact NHS  at 208 343-4065 X119
  • ·         Call 888-995-HOPE to Speak with a HUD Approved Housing Counselor
  • For additional information and answers to basic questions about the review process, visit www.IndependentForeclosureReview.com.
  • To report a scam at any time, call 1-888-995-HOPE. For more information about the Loan Scam Alert campaign, visit www.LoanScamAlert.org.

 

For more information, please contact Tom Birch, 208 343 4065 X111, tbirch@nhsid.org. 

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