Alert September 22, 2009

FDIC Launches Foreclosure Prevention Initiative to Prevent Foreclosure Rescue Scams

The FDIC began a program to help prevent unnecessary and fraudulent foreclosure rescue scams by (1) providing a telephone and Internet referral service via the FDIC's call center or website which directs borrowers to legitimate counselors, mortgage servicers, and state and federal law enforcement agencies, and (2) creating a foreclosure information “tool kit” for borrowers. Click here for more information on the initiative, including access to the tool kit.