Monday, October 29, 2012

Widow Finds Herself Facing Foreclosure After Being Duped By Racket Purporting To Provide Government-Connected Mortgage Help

In Omaha, Nebraska, WOWT-TV Channel 6 reports:
  • An Omaha widow thought she had found a financial lifeline in the form of a mortgage refinancing company backed by the government. At least that's what it seemed. The woman's trust turned to tears when foreclosure papers came her way.

    When her husband Bud died, Cecelia Minshall lost her ability to live in the home they shared for 30 years. “Couldn't make the payments without him. His Social Security kept us going.”

    Cecelia turned to a refinancing program that promised to reduce her mortgage payments. “It's all set up to look like it’s government, but it's not.”

    She didn't realize she had been misled until after paying monthly fees totaling $5,000 to Financial Services Center. “I gave this company my mortgage money and they never sent it in to the mortgage company, so now I'm in danger of losing my home.” [...] The phone number for the Financial Services Center in California connects to a voice mail. Fact Finders called and it is full.