HUD Bailout Scam, Updated

March 17, 2009

 The Buffalo News reports that,

An Internet Web site that looks like a federal Housing and Urban Development operation providing financial help for homeowners facing foreclosure actually is a “phishing scam” seeking personal information, HUD officials said Friday.

Also, see below for the official HUD statement referencing the scam:

The U.S. Department of Housing and Urban Development today warned that Missouri homeowners are increasingly becoming the target of “scammers” and con artists trying to take advantage of homeowners in despair and it’s despicable.  The website address “bailout.hud-gov.us” is not a HUD nor Federal Government approved website.  Homeowners should not be paying for counseling services that are available for free.  Counseling assistance can be found at www.financialstability.gov, www.hud.gov, or www.fha.gov.  Homeowners can find out information about mortgage modifications and the Administration’s Making Homes Affordable Plan by visiting www.financialstability.gov.  HUD’s official website address is www.hud.gov.  If an individual wants to talk to someone about his or her particular situation, the person can call HUD’s St. Louis Field Office at 314-539-6564.  HUD’s Office of Investigation and Office of General Counsel is working with the Federal Trade Commission to take the “bailout.hud-gov.us” site down and catch those involved with posting the site.          

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