Michigan Attorney

Foreclosure Scam Prevention Rule Proposed

The confidence men are everywhere, on TV, the radio, online, “We Can get your mortgage company to lower the payments!!!”

Well, the FTC has proposed a rule that third parties could not collect anything from you until they “obtain a documented offer from a lender.”

A rule designed to derail foreclosure scam outfits.

Foreclosure Scam Prevention Rule Proposed

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