Beware the Mortgage Closing Scam
Criminals hijack the closing process to steal down payments, crushing people's dream of homeownership.
Mortgage closing consists of a long series of steps, each of which must be done before the next can start. You hop aboard the closing train knowing that it could be 45-50 days until you reach your destination. But beware: Bandits might hit your train.
Closing scams have robbed people of their life savings, warns the Consumer Finance Protection Bure...