States Beginning to take Action Against Foreclosure Scamming

Arrests have been made in several states with respect to foreclosure scams, including Nevada, Florida, California, Texas, Missouri and elsewhere. States are scrambling to enact legislation to protect homeowners from fast talking “rescuers.” Minnesota in 2004 was the first state to pass legislation designed to address this. Washington is considering bills modeled on the Minnesota law.

States Beginning to take Action Against Foreclosure Scamming

Leave a Reply

Your email address will not be published. Required fields are marked *