SpringHill Group

"Springhill Group Korea : News Center - Springhill Group Home Loans - BlogSpot http://newscenter-springhillgrouphome.blogspot.com/ FHA Warns About Home Equity Mortgage Loan Scams The FHA official site includes a page about reverse mortgages and Home Equity Conversion Mortgages. On that page, you'll find a warning from the FHA and HUD about scam artists who take advantage of some loan applicants who don't know enough about the FHA's free information on HECM loans and reverse mortgage loans. "Reverse mortgages are becoming popular in America" the FHA site says, "Reverse mortgages are a special type of home loan that lets a homeowner convert the equity in his/her home into cash. They can give older Americans greater financial security to supplement social security, meet unexpected medical expenses, make home improvements, and more. If you are interested in a reverse mortgage, beware of scam artists that charge thousands of dollars for information that is free from HUD!" The warning is good-but what kind of information are these scam artists charging so much money for? According to the FHA, simple details such as the nature of a HECM loan, who is eligible, even free advice about whether a borrower should us an estate planner to find a participating lender. On this topic, the FHA and HUD advise: "FHA does NOT recommend using any service that charges a fee for referring a borrower to an FHA-approved lender. You can locate a FHA-approved lender by searching online at www.hud.gov or by contacting a HECM counselor for a listing. Services rendered by HECM counselors are free or at a low cost. To locate a HECM counselor Search online or call (800) 569-4287 toll-free, for the name and location of a HUD-approved housing counseling agency near you". Very good advice for borrowers age 62 an older (the only people who qualify for FHA HECM loans) interested in applying for an FHA Home Equity Conversion Mortgage. Here's another fact about HECM loans you might n

"Springhill Group Home is a housing finance company with the principal goal of achieving a social requirement of motivating home ownership by offering long-term finance to households. Springhill Group Home has turned the idea of housing finance in Springhill into a world-class business venture with outstanding reputation for dependability, honesty and outstanding services. Springhill Group Home has a wide network of contacts from different loan companies within United States and Asia catering to towns & cities spread across the country providing housing loans and property advisory services. For inquiries, email us at info@springhillgrouphome.com "

"This can work in two ways, trough email, text message or social-media post, the gift-check scam is more popular during Christmas season where people are buying on this a lot. The scam goes like this; a message will appear from nowhere announcing you a winner of a popular retail gift card. You are then instructed to follow a link and when you click it you will be directed to a site that is a remarkable clone of the real thing. This site will ask for your personal information like your email, birth date and favorite color. This indicates that you're directed off the bogus site to a credit-card application, and because you filled-up this information sheet the fraudster has what he wants. You can also deceived by buying bogus card online from third parties. And if buying over the counter, make sure the PIN code on the back hasn't been scratched off, an indication that it's been hacked by someone in the store. This next bogus often comes via email. This one is called package-delivery scam. It appears to be from a legitimate company, the email gives the impression of being genuine complete with a phony tracking number and a note about the delivery error. There's an attachment with a made-up delivery label that you're told to take to the nearest delivery office to get the package. Open it, and you'll be subjecting your computer or smartphone to malware and virus attacks. These E-cards appears to be seemingly harmless thank you note or holiday greetings but you will never know until you click on it and it could be spyware or viruses that automatically download when opened or when they direct you to download to see the card. Best-deal-ever scams, if it is to good to be true more like it is a scam, it is a lie. The idea is they will attract you on deals and items then after sending them the money you will not get anything in return. They will say that items are limited and rare to find so they are selling it for higher prices on online auction site but af

"Two men jailed in the UK's first criminal trial involving land banking fraud in the City of London Police investigation A £3 million was proven to be gathered from 300 investors the pair cheated, evidence was pointing the two as culprits. Their strategies were to fool their victims like elderly and those who are vulnerable into buying plots of land that were either worthless or massively over-priced. Found guilty of five counts of money laundering, the two men (42 and 32 years old) were sentenced to seven and six years at Isle worth Crown Court. Their claim was that the locations of the supposed to be valuable plots were marketed as being in a prime position for development and would quickly increase in value. But the truth of the fact is that investors were putting their money into plots located on farmland, in the Green Belt, within an Area of Outstanding Natural Beauty or on the sides of hills, with no chance of gaining planning permission let alone building houses."