Sunday, May 27, 2007

Massachusetts Woman Falls For "Upfront Fee" Foreclosure Rescue

WCVB-TV Channel 5 in Boston recently reported the story of a Lawrence, Massachusetts homeowner facing foreclosure who received fliers in the mail, telling her that a company purportedly called Fresh Start Program, in Tampa, Florida could straighten out her problems. For a $1,200 fee, they would negotiate a new deal with her mortgage company. She paid the fee and got nothing in return (other than a foreclosure notice from her mortgage lender saying she had to come up with $8,000 to keep her home).

Go here to watch WCVB-TV News report (by reporter Amalia Barreda).

For online story, see Woman Falls Victim To 'Mortgage' Program (Resident On Verge Of Losing Home). Mortgage Assistance Solutions