City Warns Homeowners of Mortgage Rescue Scams

Summary


The City of Milwaukee is issuing an advisory to 167,000 households this fall to be wary of anyone promising easy solutions to mortgage problems.

"We're trying to direct people in troubled loans to legitimate sources instead of scammers," Marty Collins, the city's commissioner of neighborhood services, said Wednesday. To that end, the city is including in homeowners' water bills this message, printed in English and Spanish:

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Extract


City Warns Homeowners of Mortgage Rescue Scams

"Are you worried about paying your mortgage bill? Do you think you might lose your home? Have you been asked to refinance your mortgage but think it might be a scam? The...

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