Connect with us

Hi, what are you looking for?

The American GeniusThe American Genius


Homeowners being scammed by clever mortgage audit scheme

Another scam nailing homeowners

Scams will never end if there is money to be made, but with a down economy and homeowners desperate to save a dollar or heck, save their home, they are willing to try anything that sounds legit. The problem is, of course, that there are so many schemes going on that it is difficult even for experts and investigators to determine the legitimacy of these mortgage schemes.

Realtors across America are getting phone calls asking about various programs and it is difficult to be aware of all of them, so it is a good idea to know some of the red flags.

“The FTC says that when it comes to mortgage fraud, the big red flags are promises to stop foreclosure, instructions to stop talking to your lender and — again — those up front fees,” Channel 13 Houston reminds us.

The American Genius is news, insights, tools, and inspiration for business owners and professionals. AG condenses information on technology, business, social media, startups, economics and more, so you don’t have to.


Leave a Reply

Your email address will not be published.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


American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.



Real Estate Technology

(TECH NEWS) It turns out that Internet of Things, like smart bulbs in homes, are not secure and give up your info - here...

Real Estate Marketing

(MARKETING) Your fancy, self-animating website might be making people violently ill, even if it is insanely beautiful. Sorry...

Real Estate Marketing

(MARKETING) Conduit is a CRM that does more than CRM, it analyzes your networking data to help you see how to improve your relationships.

Real Estate Corporate

(REAL ESTATE) Zillow has long been a data powerhouse, but a lawsuit about a $150M listing offers a look into listings claims.


The American Genius is a strong news voice in the entrepreneur and tech world, offering meaningful, concise insight into emerging technologies, the digital economy, best practices, and a shifting business culture. We refuse to publish fluff, and our readers rely on us for inspiring action. Copyright © 2005-2022, The American Genius, LLC.