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The recent flooding in Kentucky has caused a spike in scams that appear to come from FEMA asking those applying for relief funds to first pay a processing fee — this is never the procedure of ...
Seniors are taking the brunt of financial fraud to the tune of $3.4B+. Learn the most common peer-to-peer, impersonation and other scams on the rise to keep your money safe.
Unfortunately, these reverse-mortgage scams do nothing of the sort; their goal is actually to steal the equity of the property entirely, leaving senior citizens potentially destitute. 10. Fake ...
However, providing down payment assistance to income-eligible buyers has always been an eligible use of HOME funds, so many of the state and local governments that receive HOME funds, called "participating jurisdictions" or "PJs," continue to operate down payment assistance programs locally. Due to the block grant nature of HOME, local programs ...
The Spanish Prisoner scam—and its modern variant, the advance-fee scam or "Nigerian letter scam"—involves enlisting the mark to aid in retrieving some stolen money from its hiding place. The victim sometimes believes they can cheat the con artists out of their money, but anyone trying this has already fallen for the essential con by ...
The median mortgage payment in 2022 was $1,400 per month, ... 580 with 3.5% down payment, 500 with 10% down payment. ... If you’re looking for mortgages for seniors on Social Security, ask ...
A homebuyer grant is a type of down payment assistance that provides a one-time cash sum, often in the form of a no-interest second mortgage. The funds don’t have to be repaid. The funds don’t ...
Critics claim that Lesko is misleading in his advertisements. A 2004 report by the New York State Consumer Protection Board claimed that most of the grants mentioned in Lesko's books were actually public assistance programs that many people were not eligible for, and that Lesko misrepresented examples of people who had taken advantage of government programs.