Government Wants School Children and Homeowners to Spot Scams

by Moe Bedard on October 28, 2009 · 0 comments

in Homeowner Scams

And it is one of the first places targeted in the homeowner education campaign launched on Monday by government agencies, local leaders and housing advocates to stop scammers preying on desperate borrowers nationwide.

Officials do not know how many scams have been perpetrated among millions of American families who have lost their homes or face foreclosure. But they do know that scams exacerbate the foreclosure crisis because borrowers lose precious time and money that could have kept them out of default.

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