Washington (5/29/12)--Homeowner seeking to apply for mortgage assistance through federal programs are at risk of being targeted by a growing number of scams design to take advantage of people at a very vulnerable time in their lives and government officials are issuing a fraud alert to members of the armed services about scams focused directly at their community.
The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), the Consumer Financial Protection Bureau (CFPB), and the U.S. Department of the Treasury (Treasury) issued an alert last week designed to raise awareness of these scams and provide a list of resources available for more information and for assistance with mortgage-related questions and how to report fraud.
"Members of the armed services community often face unique financial challenges and are at particular risk for this type of scam," said Christy Romero, Special Inspector General at SIGTARP, in announcing the fraud alert. "SIGTARP will continue to work with the CFPB and Treasury and our other partners in law enforcement to shut down these scams and to ensure that their perpetrators are held accountable for their crimes."
Use the link below to access the available resources.