Signing your deed over to a foreclosure rescue company doesn’t save your home. It transfers ownership, not the mortgage. You can lose the house and still owe the debt.
Quick Answer: Yes, the CFPB’s mortgage relief scam crackdown is legitimate government enforcement action against fraudulent companies. The Bureau filed three lawsuits seeking compensation for victims after scammers collected over $25 million in illegal advance fees while falsely promising foreclosure prevention services.Consumer advisory: Don’t fall for a foreclosure relief scam or bogus legal helpThe Consumer …
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