In the Empire State, 2,700 foreclosure rescue scam complaints were filed between March 2010 and September 2014, according to research from Center For New York City Neighborhoods and the Lawyers’ Committee for Civil Rights Under Law.
These reported scams add up to $8.25 million in losses.
To combat foreclosure rescue scams in his state, New York Attorney General Eric Schneiderman recently announced the launch of AGScamHelp, a new app to help residents identify legitimate sources of housing help.
AGScamhelp also contains a list of 145 credit counseling agencies approved by the Department of Housing and Urban Development (HUD).
“While my office is committed to cracking down on scam operations that target struggling New Yorkers, the most powerful tool against these frauds is to ensure that consumers are informed and aware of the free services that are available to them,” Schneiderman said while announcing the app at Brooklyn Law School.
“There are lots of people eligible to have modifications made on their mortgages,” he said. “They face some challenges getting to the right programs and protecting them from phony programs.”