Homeowners are advised to contact their mortgage servicers directly to learn more about any specific loan modifications they qualify for under the terms of the settlement.
Virginia Attorney General Ken Cuccinelli issued the warning."I cannot stress this enough: Never give out your bank account information-or any personal information for that matter--to someone who calls you. Instead, call a known number for your financial institution, so you are sure you are reaching a legitimate contact," Cuccinelli urged.
Rachel Dollar, the editor of Mortgage Fraud Blog is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors.