Thursday, April 28, 2011

Weekly Fraud Alert: HUD Campaign Promotes Homeowner Scam Awareness

HUD has launched a new campaign in Miami, Chicago, and Los Angeles called “Know It. Avoid It. Report It.,” a campaign that aims to direct homeowners facing foreclosure to trusted resources and housing counselors, and to solicit the support of homeowners in shutting down scammers who regularly target the elderly, Hispanics, and African Americans. Both objectives will be pursued through education and outreach, anti-scam reporting tools, and close cooperation with federal, state, local, and non-profit partners.

Highlights of the Know It. Avoid It. Report It. campaign include:

Information on how to avoid becoming a victim

Scam artist red flags and fraud warning signs

Complaint form and hotline to report fraud or suspicious activity

Resources for finding HUD-approved counselors and free housing workshops in every state

Names of individuals and companies identified by law enforcement agencies who have allegedly committed loan modification fraud or foreclosure relief scams

Education, outreach, and grassroots efforts in hardest hit communities include:

Multilingual brochures, posters, flyers, and other outreach materials

Television, radio, print, mass transit, and out-of-home advertising

Social media activity

Source: HUD

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