Eye On Boise

Mortgage-modification scam targets Spanish-speaking Idahoans

The Idaho Department of Finance is warning that a mortgage-modification scam is targeting Spanish-speaking Idahoans, promising to lower monthly mortgage payments but instead just charging an upfront fee of $1,995. The company is calling itself Freedom Companies Inc., Freedom Financial Mortgage, and several other names containing the word "freedom." “This company, using the term ‘freedom’ in its name, asks homeowners for private financial information, charges an unlawful upfront fee, and then leaves already distressed homeowners worse off than they were before," said Gavin Gee, director of the Department of Finance. "That’s not ‘freedom;’ that’s a scam.” You can read Gee's full news release here.




You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Eye On Boise

Betsy Z. Russell




Close

Sections


Profile

Close

Contact the Spokesman

Main switchboard:
(509) 459-5000
(800) 338-8801
Newsroom:
(509) 459-5400
(800) 789-0029
Customer service:
(800) 338-8801