30-Second PSA

Transcript

Hi, I'm Attorney General Martha Coakley.

If you have trouble making mortgage payments or are facing foreclosure, ask your lender about a loan modification.

Some businesses may try to charge you advance fees for this service. This is illegal. Non-profit housing counselors are available for free in most communities.

For more information visit our website at www.mass.gov/ago, or call us at (617) 727-8400.

60-Second PSA

Transcript

Hi, I'm Attorney General Martha Coakley.

Our office has seen an increase in foreclosure assistance scams targeting homeowners struggling to stay in their homes.

To avoid these scams, remember this advice:

  • Ask your lender if a loan modification is possible. Some businesses may try to charge you advance fees for this service. This is illegal, and there are non-profit housing counselors available to help you at no cost.
  • If it sounds too good to be true, it probably is. NEVER transfer the title of your house to anyone. Scam artists may lure you in with promises of replacement financing.
  • Finally, some scam artists claim to be affiliated with government or non-profit agencies. Know exactly with whom you are working and what you are signing.

If you think you've been the victim of a scam, or if you need more information, visit our website at www.mass.gov/ago, or call us at (617) 727-8400.