Wednesday, July 13, 2005

FHA Mortgage Warning

Holders of FHA mortgages are getting letter that look like a refund that even comes with a bogus check.

"Each homeowner is being told they will be refunded the same amount of money $3,144, but when people call to inquire about the refund, they receive a sales pitch to refinance."

So watch out that mortgage refund could be an attempt to refinance. Just don't get too excited about the check.

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