Mortgage Rescue Gone Wrong
Almost 1 million adjustable mortgage payments are set to increase, homeowners are reaching out for help. There are many reputable sources of help out there and along with that there are always people looking to take advantage of those in need. If you are seeking help with your mortgage, do your homework and make sure the company your are dealing with is legitimate. Mortgage companies have departments full of people that specialize in working with their loan holders, contact them first.
This video from CBS Money Watch, shows an example of mortgage rescue gone wrong:
http://moneywatch.bnet.com/economic-news/video/inside-mortgage-rescue-scams/276104/
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