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Avoiding Mortgage Fraud

August 15, 2012

Buying or selling a house involves several entities and a significant amount of financial transactions, providing opportunity and motive for mortgage fraud. Consumers need to be aware that it is a crime to provide false or inaccurate information when applying for a home loan. But many forms of mortgage fraud are committed without the buyer’s participation and can result in substantial losses. Mortgage fraud has become increasingly common across the country, particularly as it relates to foreclosure rescue and loan modification scams and short sale scams.

Read up more on how to keep you and your family safe from fraud, from our friends at Freddie Mac:  Avoiding Fraud

A couple more Site’s we found helpful!:

Stop Mortgage Fraud
5 Tips to Avoid Being Scammed

Mortgage Fraud
FBI

                                                                                                            

Check Us Out:
http://www.pmcmortgageloans.com/
Apply For A Loan:
http://pmcmortgageloans.com/mortgage_application.php
And Follow us on:
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