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Saturday, January 21, 2012 10:58 AM

Fraud Altert: Unexpected IRS refund

If you receive an unsolicited email that appears to be from the IRS requesting that you file a "tax refund request," do not fall victim to this identity theft scheme. Numerous people are receiving unsolicited email informing them that a $9,390.55
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Thursday, January 12, 2012 8:24 PM

Freddie Mac extends forbearance to unemployed borrowers

Freddie Mac is giving mortgage servicers expanded authority to provide six months of forbearance to unemployed borrowers without Freddie Mac's prior approval and up to an additional six months with prior approval. This means unemployed borrowers may
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Thursday, January 12, 2012 8:13 PM

State targets property-tax payers

Orange County Register Beginning with the 2012 tax bill (the one due in April 2013), the state Franchise Tax Board will require property owners to break down their property taxes into deductible and non-deductible portions. Read the full story
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Thursday, December 29, 2011 6:47 PM

Fraud Alert: Financial fraud against older Americans peaks during holidays

Instances of financial abuse and fraud against the elderly increased from November 2010 to January 2011, according to a recent report from MetLife, which found overall investment fraud targeted towards older Americans is on the rise. Americans over the
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Thursday, December 29, 2011 6:30 PM

Victims sought in Countrywide case

The Wall Street Journal The Justice Department faces the daunting task of tracking down more than 210,000 alleged victims and determining how to compensate them, following last week’s $335 million fair-lending settlement with Bank of America Corp.’s
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Thursday, December 29, 2011 6:27 PM

Getting back in the black

The New York Times Getting back in the black More than 2.6 million households are at least 60 days delinquent on their mortgage payments, according to the nonprofit coalition Hope Now. While those who are delinquent 60-120 days can make back payments
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Friday, December 23, 2011 1:17 PM

Tips to Avoid Mortgage Modification Scams and Fraud

C.A.R. recently released a consumer alert offering tips on avoiding mortgage fraud. Con artists trying to take advantage of unknowing, financially troubled homeowners usually promise mortgage loan modifications or reduced monthly payments for upfront
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Thursday, December 22, 2011 7:42 AM

Fraud Alert: C.A.R. releases consumer alert

Don’t fall victim to unscrupulous con artists trying to take advantage of unknowing, financially troubled home owners. These scammers usually promise mortgage loan modifications or reduced monthly payments for upfront fees. In most case, charging
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Wednesday, December 21, 2011 1:50 PM

Christmas Season Fires

Talking Points The U.S. Fire Administration (USFA) reports more than double the number of open-flame fires on Christmas Day than on an average day, and about twice as many on New Year’s Day. Property loss during a holiday fire is 34 percent greater
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Wednesday, December 21, 2011 1:40 PM

Fraud Alert: Better Business Bureau email scam

An email with the subject line “Complaint from your customers” is circulating and may be a scam, according to an urgent scam alert by the Council of Better Business Bureaus. The email appears to come from a Better Business Bureau employee
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Friday, November 18, 2011 10:56 AM

Beware of firms charging a fee for mortgage help

The Los Angeles Times Plenty of companies are eager to exploit the uncertain economy and housing market by trying to separate property owners from their money. But services seeking high fees for foreclosure assistance seldom prove beneficial, housing
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Friday, November 18, 2011 10:42 AM

Fraud Alert: Beware of “click-jacking”

Federal authorities have charged seven men with infecting millions of computers with a virus-like program that tricked users’ Web browsers into navigating to phony pages stocked with ads, earning the defendants as much as $14 million.This type of
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Sunday, November 13, 2011 9:49 AM

PUC Halts Power Line Project in Chino Hills!

Inland Valley Daily Bulletin CHINO HILLS - The California Public Utilities Commission has ordered Southern California Edison to stop construction on its expanded power line project and ordered it to present "feasibility, cost and timing" for
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Thursday, November 03, 2011 4:18 AM

Fraud Alert: Fannie Mae mortgage fraud report

Fannie Mae’s September mortgage fraud report, which is based on Fannie Mae loan reviews through the end of August, shows the following misrepresentations by type: Occupancy: 18% Income: 24% Assets: 6% Property: 14% Value: 1% Liabilities: 27% SNN:
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Thursday, November 03, 2011 4:14 AM

Foreclosure review under way

The Office of the Comptroller of the Currency (OCC) and the Federal Reserve Board announced Tuesday that the independent foreclosure reviews of 14 large servicers issued in April now are underway. Approximately 4.5 million borrowers could have their loans
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