Debt Articles Mortgage Related

News Coverage of Foreclosure and Loan Modification Scams

A television news story out of New York warned consumers about mortgage consultant, loan modification, and foreclosure scams. I enjoyed the names the reporter, Melissa Holmes, gave the different variations of the scam.

  1. Phantom Help
  2. The Bailout
  3. The Bait & Switch

Melissa did a good job of warning consumers about some of the foreclosure scams around today to avoid. You can watch her report below.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

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Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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