Mac Form 710 - Uniform Borrower Assistance Form Page 5

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For Your Information Only - Do Not Return with Your Borrower Response Package
Scam artists are stealing millions of dollars from distressed homeowners by promising immediate relief from
foreclosure, or demanding cash for counseling services when HUD-approved counseling agencies provide the same
services for FREE. If you receive an offer, information or advice that sounds too good to be true, it probably is. Don't let
them take advantage of you, your situation, your house or your money. Remember, help is FREE.
How to Spot a Scam – beware of a company or person who:
Asks for a fee in advance to work with your lender to modify, refinance or reinstate your mortgage.
Guarantees they can stop a foreclosure or get your loan modified.
Advises you to stop paying your mortgage company and pay them instead.
Pressures you to sign over the deed to your home or sign any paperwork that you haven't had a chance to read,
and you don't fully understand.
Claims to offer "government-approved" or "official government" loan modifications.
Asks you to release personal financial information online or over the phone and you have not been working with
this person and/or do not know them.
How to Report a Scam – do one of the following:
Go to
and fill out the Loan Modification Scam Prevention Network’s (LMSPN)
complaint form online and get more information on how to fight back. Note: you can also fill out this form and
send to the fax number/e-mail/address (your choice!) on the back of the form.
Call 1(888)995-HOPE (4673) and tell the counselor about your situation and that you believe you got scammed or
know of a scam.
Appendix A – Beware of Scams
Provides tips for avoiding scams and instructions on
The Loan Modification Scam Prevention Network is a national coalition of governmental
how to report a potentim.
and private organizations led by Fannie Mae, Freddie Mac, NeighborWorks America™
and the Lawyers’ Committee for Civil Rights Under Law.
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