Foreclosure Scheme

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January 1, 1 6 min read Definitions

Foreclosure Scheme Mortgage Fraud Real Estate Scams Deed Transfer Homeowner Fraud Real Estate Fraud Prevention

Foreclosure schemes involve deceiving homeowners who are at risk of defaulting on their mortgage loans into transferring their deeds and paying fees under falsified pretenses that the shyster will save their homes from foreclosure. The fraud involves the shyster profiting while leaving the loans unpaid.