Other LanguagesRising mortgage payments have paved the way for scammers who peruse foreclosure listings. Grasping at any offer for help, their victims have paid for false promises, been cheated out of equity and, in severe cases, were tricked into transferring ownership of their homes.
Now, in an effort to shelter consumers from equity skimmers, the Washington Attorney General’s Office is using those same listings.
“It’s a new twist on ‘search and rescue,’” Attorney General Rob McKenna said in today's news release. “So-called foreclosure ‘rescuers’ comb through public listings for targets. We have the same lists and we’re sounding the alarm on their underhanded tactics.”
More information about foreclosure rescue scams, as well as resources for avoiding foreclosure, are on our Web site.