Enter multiple symbols separated by commas

Protect Yourself from Mortgage Fraud

During a press conference to announce the arrest of 60 people for mortgage fraud, the Department of Justice offered tips for consumers to protect themselves.

They are:

- If mortgage terms sound too good to be true, they probably are.
- Before you sign anything, read it very carefully.
- If you think something is suspicious, ask critical questions.
- If necessary, hire a professional to look over the mortgage document.
- Try to obtain references on the mortgage provider.

Contact U.S. News


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

U.S. Video

  • Stocks under pressure ahead of jobs report

    U.S. investors are clearly in an uneasy mood, following a two-day stock slide, a looming jobs report, and comments by Fed Chair Janet Yellen about stock valuations being "quite high."

  • Cramer: The play on Whole Foods

    Competition is looming. "Mad Money" host Jim Cramer shares the move you should make on this organic overload.

  • Behind the European yield bounce

    European yields have bounced back over the past weeks. What does that mean for U.S. stocks? Larry McDonald of Societe Generale and Todd Gordon of TradingAnalysis.com discuss with Brian Sullivan.