The DomiDocs Guide to Foreclosure Rescue Scams
Freddie Mac defines a foreclosure rescue scam as “A type of fraud that takes advantage of homeowners who have fallen behind on their mortgage payments.”
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Freddie Mac defines a foreclosure rescue scam as “A type of fraud that takes advantage of homeowners who have fallen behind on their mortgage payments.”
The key thing to realize here is that when there are two people listed on a loan, you’re both responsible for the entire amount of the loan as it’s not split 50/50.
The FHA provides mortgages on single and multi-family homes and is one of the largest mortgage insurers worldwide. The FHA is known for offering low down payments, low closing costs, and easy credit qualifying.