Video: Watch Out for Foreclosure Scams

Fewer than five-thousand people in Missouri and Arkansas have successfully cut their interest rates under, Making Homes Affordable.

Some… Fearing delays and a deluge of government paperwork turn to outside companies for help.

Missy says, “It’s a really bad feeling… I’ve never been close to losing anything… Something I’ve worked hard and my husband’s worked hard for…we were about to lose it all.”

The couple heard an ad– and paid a company for help.. They wanted to drop their 10 percent plus interest rate. But, they didn’t get help… instead they got hurt.

Missy reflects, “basically, we got took for a thousand dollars.”

Source: http://www.ky3.com/news/contactky3reports/Scam-targets-people-facing-foreclosure-98100959.html

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