The California Association of Realtors will run television and radio announcements warning homeowners to avoid mortgage fraud.
The announcement is written for on-air personalities to read. The script includes the following line:
“These offers may seem ‘too good to be true’ because they are. Don’t fall for it. In most cases, charging upfront fees or payments for a mortgage modification is not just a rip-off, it’s illegal.”
Information: www.car.org.
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