Freddie Mac warns of mortgage aid scammers

Scammers are reportedly targeting homeowners with fake offers of financial aid at a time when many are struggling to pay their mortgages due to the coronavirus outbreak. In one example, Freddie Mac last week warned of a new scam that saw borrowers receive fake calls impersonating the mortgage giant, offering low interest rates and other

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Kansas City couple lose $130K in down payment scam

A couple from Kansas City, Missouri, recently lost a massive $130,000 down payment in a money wire scam that’s becoming increasingly prevalent in real estate transactions. The couple, Ross and Melinda Fulton, were trying to buy a home so that they could live closer to their daughters and grandchild in the Kansas City area. They

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The most common rental scams today

RentHop has just published the results of a study on the most common rental scams, along with advice on how to avoid falling victim to them.

Beware of ‘phishing’ email attacks via Google Docs

Hackers have developed a new scam involving Google Docs that was widely reported this week.

New email phishing scam targets Gmail users

Google is warning of a new email phishing scam that directs users to what looks like a Google sign-in page, in order to steal personal details and steal the user’s contacts’ details and passwords.

The US Real Estate Lending scam network

The US real estate market has always offered opportunities for both foreign and domestic developers and Investors.

Rex Alan Harris charged with real estate TV ad scam

Police have arrested and charged a Louisiana man for carrying out an alleged advertising scam targeting real estate professionals.

FHFA Director Insists: “HARP is not a Scam”

About 800,000 families across the country could benefit from the Home Affordable Refinance Program by lowering their monthly mortgage payments, but fear is keeping them away from the program

Cali Ponzi Scheme Costs Investors $2.245 Million

Just what the real estate industry does not need, news of real estate fraud schemes, surfaced in a court pleading from San Fernando, California. A defendant, Celia Gallardo,, pled guilty to perpetrating a multi-million dollar Ponzi scheme to defraud several Santa Clarita Valley businesses.

Three Real Estate Agents Arrested in California Loan Scam

The California Attorney General’s office announced last week that they had arrested three real estate agents in Stockton for allegedly collecting money up front for loan modification services, a practice which is illegal.  The three now face several felony and misdemeanor charges, including conspiracy, false advertising to the public, and grand theft. The growing number

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RealtyBizNews: Real Estate Marketing & Beyond