Foreclosure rescue scams are on the rise, along with mortgage fraud. Financial institutions are hurt by these scams, so it is in your best interest to educate your customers about these scams. FDIC’s Foreclosure Prevention site is also a good place to start. The troubled homeowner will stop at nothing to save their home and repair their credit, but their problems are exacerbated by not being able to discern between what is a scam and what’s a legitimate foreclosure aid firm. Here’s a list of resources you should be familiar with.”]
Source: https://www.bankinfosecurity.com/blogs/foreclosure-rescue-scams-educate-your-customers-p-210

