Fraud Warnings for California Homeowners in Financial Distress

SACRAMENTO – The California Department of Real Estate (DRE) is warning California consumers that the COVID-19 pandemic may lead to an increase in loan modification scams and foreclosure rescue scams, as previously seen during the mortgage meltdown of the late 2000s. DRE issued a Consumer Alert which explains loan modifications and loan forbearances, who can perform them, how to spot scammers by identifying red flags, and where to get help. Consumers can research whether or not a company or individual is licensed to perform mortgage assistance by visiting DRE’s website at DRE
During these unprecedented times, the Department urges all consumers to be on high alert and keep their guard up for devious people trying to take advantage of others’ hardships., screenshots below.

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Chase’s specialty is the selling and leasing of residential property, including single-family homes, condominiums and multi-unit properties. He has also been retained many times over the years by various banking institutions to sell their inventory. His attention to detail and professionalism have also made him a popular referral among business managers, attorneys and financial advisors.

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